TY - JOUR
T1 - What influences the implementation of IFRS for SMEs? The Brazilian case
AU - Gonçalves, Flauzeliton José Aparecido
AU - Freitas de Moura, André Aroldo
AU - Motoki, Fabio Yoshio Suguri
PY - 2022/2/1
Y1 - 2022/2/1
N2 - We investigate factors influencing the implementation of IFRS for SMEs in Brazil. Accountants and accounting firms from all over the country received a questionnaire about the perceptions of IFRS for SMEs. A Logit regression on the factors associated with non-implementation using 426 valid observations suggests that inconsistencies and incomprehensibility issues are the main factors preventing implementation. However, further investigation indicates that once participants know the standard, “implementation myths” are mitigated. Therefore, regulators should increase the availability of education programs, so accountants feel more secure and boost the standard’s implementation. We complement the findings of IASB’s Second Comprehensive Review of the standard.
AB - We investigate factors influencing the implementation of IFRS for SMEs in Brazil. Accountants and accounting firms from all over the country received a questionnaire about the perceptions of IFRS for SMEs. A Logit regression on the factors associated with non-implementation using 426 valid observations suggests that inconsistencies and incomprehensibility issues are the main factors preventing implementation. However, further investigation indicates that once participants know the standard, “implementation myths” are mitigated. Therefore, regulators should increase the availability of education programs, so accountants feel more secure and boost the standard’s implementation. We complement the findings of IASB’s Second Comprehensive Review of the standard.
U2 - 10.1111/acfi.12917
DO - 10.1111/acfi.12917
M3 - Article
JO - Accounting and Finance
JF - Accounting and Finance
SN - 0810-5391
ER -