Convergence in Global Accounting Standards.

      Аннотация: Convergence in Global Accounting Standards: The Holy Grail. Often dubbed as the ultimate panacea to serve the inherent needs of a modern and complex global capital market, the concept of convergence to International Financial Reporting Standards (IFRS) has long been an area of interest to various scholars and researchers alike.This book summarises the research done to analyse the impact of convergence in global Accounting Standards on various arenas such as cost of capital, foreign direct investment and transparency and comparability of financial reporting. It critically examines the use of convergence as a tool to limit fraudulent earnings management through earnings volatility as a proxy.The findings in this book are based on empirical evidences gathered through field analysis and literature reviews.

Ключевые слова: Convergence, FDI, Volatility, Earnings Management, IFRS, regression, Transparency, comparability, understandability