Study: Countries with established markets tend to be IFRS compliant

02/4/2013 | Economia magazine online (U.K.)

The U.K. and Ireland are among the European countries that are most compliant with International Financial Reporting Standard disclosures, according to the Cass Business School. Italy, Greece, Portugal, Poland, the Czech Republic and Hungary had some of the lowest levels of compliance. One conclusion the study made is that countries with developed stock markets and strong financial infrastructure are more likely to be compliant.

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Economia magazine online (U.K.)