Challenges of IFRS Adoption and Application in Developing Countries : Extra-Financial Analysis of IFRS Adoption and Application in Developing Countries: the Case of Indonesia

ISBN-13: 9783330041424 / Angielski / Miękka / 2017 / 92 str.

Bienmali Kombate; Bandi A. K.

Opis

This study was aimed to investigate the challenges and impacts of International Financial Reporting Standards (IFRS) adoption and implementation in Developing country by focusing on extra-financial factors analysis. The finding of this investigation reveal that extra-financial factors including legal system (X1), taxation system (X2), economy and political ties (X3), accounting education and its infrastructures (X4), and culture structure (X5) are the major challenges of IFRS implementation in Developing countries with the regression function as Y = 0.248 X1 + 0.230 X2 + 0.359 X3 + 0.247 X4 + 0.369 X5 with the coefficient of determination (R2) = 1 which means IFRS adoption and implementation in developing countries can be predicted without error by the factors as legal system (X1), taxation system (X2), economy and political ties (X3), accounting education and its infrastructures (X4), and culture structure (X5).

O autorze

Born 01/05/1986 at Dapaong Togo.Bienmali Kombate was award of KNB scholarship for the postgraduate study at the Universitas Sebelas Maret after University of Lome.Awarded "Best Paper award" 2nd IACEDC 2016, He has been author of several academic publication and now working on his PhD research titled Public Sector Management in developing countries.