Download or read book IAS/IFRS and Financial Reporting Quality written by Vera Palea and published by . This book was released on 2019 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses empirical research on the effects of the adoption of IAS/IFRS on the quality of financial reporting. In doing so, it focuses on the European Union. The adoption of IAS/IFRS in Europe is an example of accounting standardization among countries with different institutional frameworks and enforcement rules. This allows investigating whether, and to what extent, accounting regulation per se may affect the quality of financial reporting and lead to convergence in financial reporting. This is a key issue for standard setting purposes as IAS/IFRS have been adopted in very diverse countries all over the world and many others are likely to adopt them in the near future.