Does the Level of Enforcement Shape the Complexity in Accounting Standards?

This paper examines whether the level of enforcement shapes complexity in accounting standards. First, order to identify standards, we calculated a new measure that conceptualizes based on theoretical dimensions multiplicity and diversity. To calculate this measure, content each International Financial Reporting Standard Accounting Standard, 2018, was analyzed. Second, investigated affects score, using number enforcements published by European Securities Markets Authority (ESMA). Our results show standards with higher ESMA are also more complex, suggesting is an important factor explains standard. study particularly relevant for regulators accounting, auditing, fields, since it provides evidence how contributes increasing debate interdependence regulation, showing mechanisms can influence calculates rather than quantitative proxy.