The IFRS Adoption and Accounting Quality: A Comprehensive Trend Analysis

Abstract

In this study, we explore the impact of International Financial Reporting Standards’ adoption on accounting quality in Turkey over years as a candidate state to European Union. We examine the financial statements of the 19 largest companies listed in Borsa Istanbul using accounting quality metrics and trend analysis. We find significant evidence that the implementation of International Financial Reporting Standards helps to improve accounting quality over years in Turkey.