Were The Concerns And Anxieties Expressed Prior To The Implementation Of IFRS Justified In The UK?
Implementation of IFRS Dissertation – The focus of this study is to examine the relationship between the introduction of International Financial Reporting Standards (IFRSs) and the impact on shareholders of FTSE 100 companies as demonstrated by the movement in share prices as a result of the disclosure of information concerning the IFRSs. The project to harmonise accounting standards globally began in 1973 with the formation of the International Accounting Standards Committee.
This was restructured in 2001 to give an improved balance between geographic representation, technical competence and independence as the International Accounting Standards Board (IASB). Throughout this whole project, concerns have been raised regarding the impact the new standards will have on companies and consequently, the shareholders.
These criticisms have increased in recent years due to countries adopting the standards and experiencing difficulties with them. It is therefore important to identify whether the concerns are justified, as if the shareholders are negatively impacted by the standards, the harmonisation project could fail.
- 10,000 words – 130 pages in length
- Excellent user of literature
- Good in depth analysis
- Excellent piece of work
- Ideal for accounting and finance students
1 – Introduction
2 – Hypotheses
3 – Literature Review
General concerns regarding the IFRSs
Specific concerns regarding the IFRSs
Stock market pricing
4 – Methodology
Research methods available
Research methods employed
Limitations of methodology
5 – Findings
6 – Analysis
Movements as a result of specific standards
7 – Conclusion
Limitations of the study
Potential further studies
Reflective Statement of Learning
FTSE 100 Companies with Sectors
British Sky Broadcasting
Associated British Foods
Scottish & Southern Energy
Remaining companies studied