Effects of Ifrs on Financial Markets

Running head: EFFECTS OF IFRS ON FINANCIAL MARKETS1

do of instaurationwide financial Reporting Standards on Financial Markets & adenine; Institutions
Matthew Walsh
Bloomsburg University of Pennsylvania

EFFECTS OF IFRS ON FINANCIAL MARKETS2

Abstract
This study examines the adoption of internationalistic Financial Reporting Standards (IFRS) in foreign countries. The research conducted destines the mo dismissary measures taken by foreign firms and the volatility effect of IFRS adoption. The findings show that IFRS implementation has positively affected the financial performance (e.g. favorableness and growth potential) of firms. This includes the positive and negative effects IFRS has on the European financial crisis. The research explores in particular, the impact of the transition to IFRS on Greek listed companies financial statements with a focus on net profit, shareholders equity, gearing and liquidity. The study details the positive and negative effects of implementing IFRS in the United States. It will address the types of changes that will be made in financial reporting if it is adopted by the U.S. The findings show that IFRS will be a costly abut during the adoption stage, and firms will adjust to these costs and changes in polar ways.



Larger firms will construct an easier time adjusting than smaller firms because they have a larger supply of funds. The use of IFRS will tot the U.S. into alignment with the rest of the world. This will provide greater alleviate in comparing financial statements of U.S. firms to foreign firms. International Financial Reporting Standards will help make financial markets more(prenominal)(prenominal) than efficient globally.

EFFECTS OF IFRS ON FINANCIAL MARKETS3(1)
Effects of International Financial Reporting Standards on Financial Markets
Throughout the world International Financial Reporting Standards (IFRS) are becoming more popular. It is being more widely accepted by more countries each year helping to make the...If you want to desexualise a full essay, order it on our website: Orderessay



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