147-180

• Pater, C.
• Γεωργακόπουλος, Γεώργιος
• Σωτηρόπουλος, Ιωάννης
• Galanou, Ekaterini

Purpose: The aim of this paper is to examine the impact the International Financial Reporting Standards (IFRS) have on accounting quality in an attempt to investigate whether “Reporting under the IFRS regime adds value to accounting information quality” .Design/methodology/approach: Our analysis is based on data obtained from the DJ Stoxx 600 index. We report here on observations within an indicative code law (France) and common law (UK) national setting of 1,470 firm year observations from 2002 to 2007.Findings: Our results suggest that an increase in accounting quality followed the introduction of IFRS. However it is not undisputedly proved that IFRS actually produced this. Research Limitations/implications: Further research needs to be conducted in order to determinewhat type of data should be measured over longer periods and in larger samples of various industries.

• Economics and Business

• Economics

Accounting quality, International Financial reporting standards, Earnings management, Value relevance, Accrual quality

JEL classification: M42, M16