$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!


Describe about research of Switching from US GAPP to IFRS?


The studies that have been conducted so far show some mixed evidence with regard to the quality between the IFRS and the US GAAP. The study was conducted with relation to the high tech firms in Germany. These firms were until now following the US GAAP and were required to switch to IFRS. The study concluded that the IFRS had exhibited more amount of earnings management and involves less timely loss recognition and had a lower value relevance after considering the factors that were specific to the firms and other such varying factors. The changes from the US GAAP to IFRS ix expected to affect the accounting quality and it is estimated that the same will be deteriorate over time.

 (, 2015)

The adoption of both the IFRS and the convergence between the US GAAP and IFRS is expected to have the increased comparability of the financial statements and it was concluded that the adoption of the same would have an incremental effect on the increased comparability beyond convergence. Further, the study resulted in the following findings:

1. The adoption of IFRS will prove to be more costly

2. The adoption may not be the only option that is available since many of the countries have also required the firms to prepare the financial statements using IFRS and some of them have required to converge the 2 stated standards in order to achieve comparability.

(, 2015)


1. Switching to IFRS will help the investors in comparing the financial statements of one company with another ta the international level.

2. The IFRS is internationally understood

3. IFRS will help the companies in staying updated with what is happening in the competitive world.

(Jennings, 2008)


References:, (2015). Relative Benefits of Adoption of IFRS and Convergence between IFRS and U.S. GAAP: Evidence from Germany. Retrieved 7 March 2015, from

Jennings, M. (2008). Why Switch to IFRS from GAAP? The Summa. Retrieved 7 March 2015, from, (2015). Does Accounting Quality Change Following a Switch from U.S. GAAP to IFRS? Evidence from Germany. Retrieved 7 March 2015, from


Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2016). Switching From US GAPP To IFRS. Retrieved from

"Switching From US GAPP To IFRS." My Assignment Help, 2016,

My Assignment Help (2016) Switching From US GAPP To IFRS [Online]. Available from:
[Accessed 20 January 2020].

My Assignment Help. 'Switching From US GAPP To IFRS' (My Assignment Help, 2016) <> accessed 20 January 2020.

My Assignment Help. Switching From US GAPP To IFRS [Internet]. My Assignment Help. 2016 [cited 20 January 2020]. Available from: is the perfect solution to render quality solution for all sort of academic issues. We have hired professionals from different fields of study to provide assistance with different subjects. We successfully have provided different types of assignment solutions on 100+ subjects. We have hired industry experts to deliver nursing assignment, hr assignment and finance assignment help. To offer quality content with IT assignments, we have hired IT professionals to render programming language assignment help and IT assignment help for other types of IT assignments as well.

Latest Management Samples

MN601 Installing PLC In Robots For Computer Aided Design

Download : 0 | Pages : 11

Answer: Title Installing PLC in Robots Start and End Date Project will start on 25th September 2018 and it will end on 8th January 2019. Goals and Objectives To make the school students aware about robotics To successfully install Programmable Logic Controller (PLC) in robots To incorporate and execute the project requirements within the estimated project schedule and budget.   Project requirements  Functional...

Read More arrow

CVE80010 Principles Of Sustainability For Water And Energy

Download : 0 | Pages : 8

Answer: Introduction:  The modern world and the rapid industrialization have demanded for the sustainable use of the natural resources all over the world. The governments of the different countries across the world have developed different laws and regulations for the sustainable use of the resources. These laws and regulations adopt different techniques and measures which differ in each country. The purpose of this discussion is to comp...

Read More arrow

ECON940: Statistics For Decision Making

Download : 0 | Pages : 13
  • Course Code: ECON940
  • University: University Of Wollongong
  • Country: Australia

Answer: The difficulty in investment post retirement is a well identified grey area of any share market.  Several pension funds around the world with active management serve to solve the problem. The superannuation pension funds are an important part of the share market in Australia.  The funds are designed to satisfy basic retirements of the pensioners by simplifying the economic process. Moreover, financial gain from...

Read More arrow

IPEMBA Operations Management For Capacity Planning

Download : 0 | Pages : 18

Answer: Question 1 Capacity planning and strategic options According to Georgiadis and Athanasiou (2013), capacity planning may be defined as the process of determining the overall production capacity that would be required by an organization in order to implement change or accommodate changing demands. The case study defines production capacity as the production levels of an organization as demonstrated within a period of thirty nine hour w...

Read More arrow

MNG81001-Mac Donald Towards Its Median Relations

Download : 0 | Pages : 7

Answer: Introduction The social media can prove to be one of the effective and useful tools for the business purpose that can bring lots of advantages like engagement with the audiences, boosting of the website traffic and more. The assignment highlights the overall measures of MacDonald’s towards its media relations and its activities in the platform of social media lie the twitter towards increasing its business profitability. The the...

Read More arrow

Save Time & improve Grades

Just share your requirements and get customized solutions on time.

We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits




Overall Rating



Our Amazing Features


On Time Delivery

Our writers make sure that all orders are submitted, prior to the deadline.


Plagiarism Free Work

Using reliable plagiarism detection software, only provide customized 100 percent original papers.


24 X 7 Live Help

Feel free to contact our assignment writing services any time via phone, email or live chat.


Services For All Subjects

Our writers can provide you professional writing assistance on any subject at any level.


Best Price Guarantee

Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.

Our Experts

Assignment writing guide
student rating student rating student rating student rating student rating 5/5

1592 Order Completed

96% Response Time

Jane Sima

Ph.D in Psychology with Specialization in Industrial-Organizational Psychology

Singapore, Singapore

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

752 Order Completed

100% Response Time

Hugh Cleave

Masters in Human Resource Management (MMgt, HRM)

Wellington, New Zealand

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

134 Order Completed

95% Response Time

Thomas Nelson

MS in Information Systems Technology with Specialization in Database Administration

New Jersey, United States

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

416 Order Completed

95% Response Time

Tyler Moore

MBA in Accounting

Washington, United States

Hire Me

FREE Tools


Plagiarism Checker

Get all your documents checked for plagiarism or duplicacy with us.


Essay Typer

Get different kinds of essays typed in minutes with clicks.


GPA Calculator

Calculate your semester grades and cumulative GPa with our GPA Calculator.


Chemical Equation Balancer

Balance any chemical equation in minutes just by entering the formula.


Word Counter & Page Calculator

Calculate the number of words and number of pages of all your academic documents.

Refer Just 5 Friends to Earn More than $2000

Check your estimated earning as per your ability




Your Approx Earning

Live Review

Our Mission Client Satisfaction

This is the worst company to ever do business with I gavw them all my papers they to pay 20.00 they have had my assignment for a whole week a day before the assignment is due they said it will be 180 .. I’m like a 180 are you serious why. ? I’m ...


User Id: 334177 - 20 Jan 2020


student rating student rating student rating student rating student rating

Good Work! Thank you for the effort. I passed the course with a good appreciation. The tutor was quick to respond and the quality of work is amazing


User Id: 273786 - 20 Jan 2020


student rating student rating student rating student rating student rating

I thank you for a job well done. And also the promptness is well recognized and appreciated. Thanks.


User Id: 336320 - 20 Jan 2020


student rating student rating student rating student rating student rating

I have tried many sites, but I found (My Assigment Help) the best. They submitted me the work before the deadline. so, they are too fast, high quality writing, responsing very quickly. I REALY REALY liked this site.


User Id: 358836 - 20 Jan 2020


student rating student rating student rating student rating student rating
callback request mobile
Have any Query?