Factors Affecting The Application Of International Financial Reporting Standards Of Enterprises: A Literature Review

Abstract

In view of the strong diffusion of International Financial Reporting Standards around the globe, the application of International Financial Reporting Standards is not only of any one group of countries but it is also a common goal of countries around the world. In order to apply International Financial Reporting Standards effectively, it is necessary to apply the most appropriate grounding theories in order to thoroughly solve theoretical problems. This article provides an overview of the factors influencing the application of international financial reporting standards through the compilation and analysis of data sources from predecessor studies to provide direction for future research. The overview study will provide a comprehensive review of academic research related to the factors that have been studied to help other researchers have a meaningful foundation and consider the impact factors that need to be further tested.