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January 1, 2024

“Impact Of IFRS Adoption On Financial Performance Of Indian Companies: A Review”

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Authors

GSGovind SinghVGVarsha Gupta

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Overview

Review indicates IFRS adoption boosts profitability and liquidity in Indian companies, highlighting new risks.

Key Points

  • IFRS adoption has generally improved financial performance, profitability, and liquidity in Indian companies.
  • Analysis of about 100 empirical research papers reveals a positive association between IFRS and financial outcomes.
  • Reviewing the literature shows that while benefits exist, challenges like implementation costs still pose risks.
  • Findings suggest a complex landscape post-IFRS adoption, with the need for ongoing research into long-term impacts.

Cite This Study

Singh et al. (2024) studied this question.

synapsesocial.com/papers/68af659bad7bf08b1eae586ahttps://doi.org/10.53555/kuey.v30i1.10719
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