support@topuniversitypapers.com

+1(316)4441378

+44-141-628-6690

Any topic (writer’s choice)

Essay Topic
In an internet article for paperwritings.com, (https://www.paperwritings.com/free-examples/critical-analysis-of-ifrs-essay.html), the authors state that the:

Adoption of the IFRS in many countries has various advantages. It will lead to economic stability in different countries due to the increased foreign investment and division of labour. There will be decreased transaction costs such as training, accountancy and audit fees for the foreign investors. IFRS greatly reduces earnings manipulation as it increases the transparency of the financial statements. There are mandatory disclosures in the off-balance sheet items that make it hard for the company accountants to manipulate the profit and asset figures. It also decreases the costs of equity. The investors are able to understand the accounting data of investments clearer reducing the perceived risks of the project. They are more willing to accept lower returns.
Finally, the IFRS encourages fair value accounting which shows the investors the market prices of the companys assets and liabilities. It acts as a signal in times of economic boom and depression. It also encourages and ensures corporate governance in the company which leads to healthy companies.

Your assignment is to share your thoughts on this commentary. Do you agree or disagree with their assessment? Why? (Please limit your response to 200 words or less)

 

You can place an order similar to this with us. You are assured of an authentic custom paper delivered within the given deadline besides our 24/7 customer support all through.

 

Latest completed orders:

# topic title discipline academic level pages delivered
6
Writer's choice
Business
University
2
1 hour 32 min
7
Wise Approach to
Philosophy
College
2
2 hours 19 min
8
1980's and 1990
History
College
3
2 hours 20 min
9
pick the best topic
Finance
School
2
2 hours 27 min
10
finance for leisure
Finance
University
12
2 hours 36 min
[order_calculator]