Analysis to What Extent IFRS Contributes to the International Harmonisation of Financial Reporting

This study reviews and synthesises the research literature on extent to which IFRS contributes international harmonisation of financial reporting. The main reason why is increasingly valued by public due global trading, a phenomenon that has led demand for high quality statements from investors. Therefore, it been found help effect ifrs improve comparability data, as well reduce costs complexity, allowing investors make better decisions. However, variability arises in practice can some ways undermine comparability. results current analysis show contributed significantly statements.