Perceptions of accounting professionals in the adoption and implementation of International Financial Reporting Standards in Iran

Document Type : Research Paper

Authors

Department of Accounting, Faculty of Social Sciences and Economics, Alzahra University, Tehran, Iran

Abstract

Regarding to the quest toward adoption of IFRS in Iran and Intent to globalization of accounting standards and Security and Exchange Organization’ announcement about adherence of IFRS, this study reports on an exploratory study of Iran's accounting and auditing professionals' perceptions about important issues relevant to developing and implementing IFRSs. Results show that harmonization of accounting standards is a worthwhile objective and however there are some challenges about how adoption of IFRS, majority of professionals are agree with developing and implementing IFRSs.
Results from test show that Ranking of Enterprises Based on reporting are positively associated with returns.
This suggest that the ability for investment with considering the ranking of the enterprises based on reporting disclosed by Tehran Securities and Exchange Organization and taking of the information into account in their decisions.
Keywords: International Financial Reporting Standards, accounting and auditing professionals, harmonization

Perceptions of accounting professionals in the adoption and implementation of International Financial Reporting Standards in Iran

Keywords

References

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Empirical Research in Accounting
Volume 7, Issue 2 - Serial Number 24
September 2017
Pages 1-24

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History

  • Receive Date: 08 April 2017
  • Revise Date: 19 June 2017
  • Accept Date: 24 June 2017

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