Abstract:
In a dynamic and competitive business environment, companies are expanding beyond national borders, making it essential to adapt to international economic and legislative regulations through standardized and transparent accounting practices. International Financial Reporting Standards (IFRS) serve as a global benchmark to improve the comparability, reliability, and quality of financial reports. This paper analyses the impact of adopting IFRS, highlighting both growth opportunities, such as enhanced transparency and access to capital markets, and challenges, particularly for small and medium-sized enterprises (SMEs) due to implementation costs and complexity. The study also examines legal compliance obligations and the global adoption of IFRS, providing insights into its economic implications for businesses. CZU: 657:006.44(478+100); JEL: M41, M48, G32, F65
Description:
SCHIȚA, Ecaterina. IFRS for Companies: Growth Opportunity or a Financial Burden? = IFRS pentru companii: oportunitate de creștere sau povară economică? Online. Coord. șt.: GRIGOROI Lilia. In: Simpozionul Ştiinţific cu participare internaţională al Tinerilor Cercetători. Ediţia a 23-a: Lucrări ştiinţifice, 11-12 aprilie 2025. Chişinău: SEP ASEM, 2025, vol. 1, pp. 309-312. ISBN 978-9975-168-36-6 (PDF). Disponibil: https://doi.org/10.53486/sstc2025.v1.72
