book chapter
International Financial Reporting Standards have been extensively investigated in developed and emerging economies, but research regarding developing nations, particularly in Africa, remains scarce. An examination of the effects of adopting these standards on financial reporting quality was conducted in Morocco through a questionnaire survey involving 116 local professionals. Data collected between March and July 2025 were analysed using descriptive statistics and Student's t-tests of mean differences. The findings indicate that the implementation of the international standards significantly enhances the relevance, comparability, and understandability of financial statements. Conversely, the perceived reliability of financial information does not show a statistically significant improvement following adoption. These outcomes offer practical insights into accounting practice, contributing direct evidence on standardisation for researchers, accounting practitioners, and regulatory standard setters.
Adopting international accounting standards is intended to enhance transparency and harmonise global corporate reporting practices. Evidence from developing countries, particularly in Africa, helps corporate leaders, regulators, and investors understand which qualitative aspects of financial information genuinely benefit from these reforms, demonstrating where international frameworks succeed and where further measures may be required to bolster reporting reliability.
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For many years, the adoption of International of Financial Reporting Standards (IFRS) has been widely studied, particularly in developed and emerging countries. However, such research remains limited in developing countries, especially in Africa. This article explores the potential effects of IFRS adoption on the quality of financial reporting in Morocco, a North African country. To achieve this, a questionnaire survey was conducted with 116 Moroccan professionals between March and July 2025. Using descriptive statistics and Student's t-test of mean differences, the main findings show that relevance, comparability, and understandability improve significantly after the adoption of IFRS, while reliability does not improve in a statistically significant way. These results provide important insights for both academics and researchers, as well as for accounting practitioners and standard setters.
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DOI: 10.4018/979-8-3373-7215-0.ch008
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