The Cross-Country Comparability of IFRS Earnings and Book Values: Evidence from France and Germany

  title={The Cross-Country Comparability of IFRS Earnings and Book Values: Evidence from France and Germany},
  author={Qing Liao and Thorsten Sellhorn and Hollis Ashbaugh Skaife},
  journal={Financial Accounting eJournal},
ABSTRACT: Beginning in 2005, the EU began requiring consolidated financial reports of publicly traded firms to be prepared in accordance with EU-endorsed International Financial Reporting Standards (IFRS) in an effort to increase the comparability of financial information across EU Member States. While some expect IFRS reporting to increase the comparability of financial information across the EU, others argue that comparability is unlikely because IFRS implementation will vary conditional on… 
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