Corporate Reporting Practices & IFRSs - Review of Literature

Abstract

The study has reviewed the related literature on International Financial Reporting Statements (IFRSs) adoption and convergences to summarize the research outcome, has identified the research gaps as well as has justified the future research agenda. The studies on IFRSs adoption has attained momentum globally for last two decades and in India since last couple of years when it has decided to follow the convergence route from 2016-17. Adopting the Integrative Literature Review technique and accessing the e-resources of six international publishers, the study has reviewed the selective articles having full texts published in peerreviewed journals in last 13 years. Further, it has developed some delimiting boundaries for screening the literature and has focused on the objectives, variables, units of studies, results, publishers and year of publications of the cited papers to synthesize a summary of the research trends, has acknowledged few limitations and pointed out the roadmap for future studies.

Keywords: IFRSs adoption, IFRSs convergence, Disclosures