Appendix
The Case for Global Accounting Standards: Arguments and Evidence

Ann Tarca
Professor of Accounting, University of Western Australia. Academic Fellow – Research, IFRS Foundation1

Abstract

This paper outlines the arguments for a common set of accounting standards and the forces that have promoted adoption of International Financial Reporting Standards (IFRS). Widespread use of IFRS since 2005 provides an opportunity for empirical investigation of the benefits of IFRS.

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