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Date Published: 30/11/2013
Abstract Views: 172
Views PDF: 67
Issue
No. 59 (2013)
Section
Articles
How to Cite
Nguyen, T. A. (2013). Internationalization of accounting systems and global finance: A brief review of IFRS adoption and its impact on the capital market. Journal of International Economics and Management, 59, 53-59. https://jiem.ftu.edu.vn/index.php/jiem/article/view/92

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Internationalization of accounting systems and global finance: A brief review of IFRS adoption and its impact on the capital market

Nguyen Thuc Anh1,
1 Foreign Trade University

Main Article Content

Abstract

Adopting International Financial Reporting Standards is the current trend in harmonization of national accounting systems to enhance comparability of financial reporting. The expected benefits of using a single set of standards throughout the world, however, are questionable due to inherent differences in economic and political conditions across countries. This article summarizes recent research on the real benefits of IFRS adoption on the capital market and provides recommendations for Vietnam in adjusting its current accounting system.

Article Details

Keywords

International accounting system capital market, IFRS

References

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