When it is considered that the aim of financial reporting is to present the information decision makers need, providing high quality financial reports is one of the main objectives of accounting information system. The subject of financial reporting quality, especially of earnings, has attracted much attention of the researchers; thus, the studies have focused on this subject. Although financial reporting quality is expected to increase with the transition to International Financial Reporting Standards (IFRS), it is a generally accepted fact in the literature that preparation of IFRS adopted financial reports is not enough itself. The main objective of this study is to define the concept of financial reporting quality and to explain the factors affecting financial reporting quality. In this context, literature is reviewed and indicated factors are explained in more detail. The results of studies show that, country-level factors such as level of development in the financial markets, administration of political system, legal systems, taxation systems and culture affect the quality of financial reporting.
Alan : Sosyal, Beşeri ve İdari Bilimler
Dergi Türü : Uluslararası
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