Benefits and costs of adopting international financial reporting standards
نویسندگان
چکیده
The application of international financial reporting standards (IFRS) plays an important role in improving the quality enterprises’ statements. At same time, adopting IFRS makes it easier for companies to access foreign capital. Therefore, use is indispensable Vietnamese enterprises, especially listed on stock market. This study was conducted evaluate effects benefits and costs choice adopt IFRS. research surveyed 157 companies. results regression analysis using Statistical Package Social Sciences (SPSS) software show that have a positive impact companies’ decision On other hand, negative adoption. Based this study, trade-off theory used explain relationship between applying When businesses find are too great company or not yet balanced by benefits, they do apply business leaders correct understanding difficulties challenges converting scientific, methodical, clear plan roadmap transformation. authors also offer some suggestions
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ژورنال
عنوان ژورنال: International Journal of Management and Sustainability
سال: 2023
ISSN: ['2306-0662', '2306-9856']
DOI: https://doi.org/10.18488/11.v12i2.3279