Published Paper Details:

The adoption of International Financial Reporting Standards (IFRS) by emerging markets marks a transformative phase in their financial reporting landscape. This research seeks to investigate the multifaceted impact of IFRS adoption on the quality of financial reporting, transparency, and comparability within emerging markets. The study employs a mixed-methods approach, combining quantitative analysis of financial statements and qualitative assessments of regulatory frameworks and institutional changes. The research aims to identify the key drivers influencing the decision to adopt IFRS in emerging markets and assess the challenges encountered during the implementation process. The evaluation of financial reporting quality encompasses an examination of reporting consistency, accuracy, and relevance in the post-IFRS adoption period. Transparency is gauged through an analysis of the disclosure practices, with a focus on the extent to which companies provide relevant information to stakeholders. Comparability is assessed by exploring how the adoption of IFRS enhances or alters the ability to compare financial information across entities and jurisdictions. Through a comparative analysis of pre- and post-adoption financial reporting practices, this research aims to contribute insights into the overall effectiveness of IFRS adoption in improving the reliability and transparency of financial information in emerging markets. Additionally, the study seeks to identify any residual challenges and propose recommendations for addressing them, ultimately providing a comprehensive understanding of the impact of IFRS adoption on financial reporting in the dynamic context of emerging markets.