Assignment
The coursework in the form of an essay is a research-based essay on issues related to the European Union (EU) adoption of International Financial Reporting Standards (IFRS). The aim of the coursework is to assess the understanding of this by addressing the following issues:
1. Discuss the reasons for the adoption of IFRS.
2. Drawing from research based on data from before and after the adoption, discuss the effects of the adoption (in terms of both financial reporting quality and possible capital market effects).
3. Discuss whether you think the adoption of IFRS has improved the quality of financial reporting within the EU.
The suggested readings (this is not an exhaustive list but a starting point to help you find more material to read and use):
Daske, H., Hail, L., and Leuz, C. (2008). "Mandatory IFRS Reporting around the World: Early Evidence on the Economic Consequences". Journal of Accounting Research, 46 (5): 1085-1142.
Jermakowicz, E, K and Gornik-Tomaszewski, S. (2006). "Implementing IFRS from the perspective of EU publicly traded companies". Journal of International Accounting, Auditing and Taxation, 15 (2): 170-196. There is a 2,000-word limit to the essay. It will require students to research the topic and apply their knowledge to the specific question.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.
Attachment:- Instructions.rar