会计信息质量外文文献 Adoption of International Financial Reporting Standard and Accounting Information Quality.pdf

Research Journal of Finance and Accounting ISSN 2222-1697 (Paper) ISSN 2222-2847 (Online) Vol.9, No.4, 2018 Adoption of International Financial Reporting Standard and Accounting Information Quality Tasiu Tijjani Kademi Musa Muhammad Ibrahim Haruna Shehu Rabiu Musa Kwankwaso College of Advanced and Remedial Studies Tudun Wada Kano Nigeria P.o.Box 5396 General Post Office Kano Nigeria Abstract The aim of this paper is to review previous literatures on IFRS adoption and whether the adoption will help in improving accounting quality.Many countries both developed and developing adopts or permits the use of International Financial Reporting Standards (‘IFRS’) by publicly listed companies with the aim of achieving higher information quality and accounting comparability. However, based on the reviewed articles the empirical evidence proved to be conflicting with some evidenced the benefits of IFRS adoption on the accounting information quality although many state that’s these benefits of the adoption defend largely on other external factors such as countries’ legal and level of enforcement, culture and investor protection while others found no any benefits arising from the IFRS adoption in respect of information quality. Keywords: IFRS, Adoption, Information Quality 1. Introduction Accounting theory argues that financial reporting reduces information asymmetry by disclosing relevant and timely information (Soderstrom Sun 2007). Due to the fact that, there is a consi