The Impact of IFRS Adoption on Canadian Firms’ Disclosure Levels

Essafi El Mahjoub, Saidatou Dicko

Abstract


This study examines a random sample of Canadian firms listed on the S&P/TSX Composite Index to find out whether disclosures in IFRS financial statements increased compared to disclosures based on the former Canadian generally accepted accounting principles. Results show that IFRS adoption has had a positive impact on the amount of information disclosed in financial statements. We conclude that disclosure levels in financial statements based on IFRS are much higher than formerly under Canadian GAAP.


Full Text:

PDF


DOI: https://doi.org/10.5296/ijafr.v7i1.11136

Refbacks

  • There are currently no refbacks.


Copyright (c) 2017 Essafi El Mahjoub, Saidatou Dicko

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

International Journal of Accounting and Financial Reporting  ISSN 2162-3082

Copyright © Macrothink Institute 

'Macrothink Institute' is a trademark of Macrothink Institute, Inc.

To make sure that you can receive messages from us, please add the 'macrothink.org' domain to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', check your 'bulk mail' or 'junk mail' folders.