The Potential Problems of Implementing IFRS of Publicly Listed Companies in Taiwan

• Main Author: 郭怡君
• Other Authors: 陳光谷
• Format: Others
• Language: zh-TW
• Published: 2010
• Online Access: http://ndltd.ncl.edu.tw/handle/60313227760038158337

碩士 === 國立彰化師範大學 === 會計學系 === 98 === Abstract Whereas it is a necessary trend to adopt IFRS consistently in the international capital markets, the Financial Supervisory Commission (FSC) declared the roadmap of full adoption of IFRS in Taiwan on May 14, 2009 to enhance the international competitiveness of our local capital markets, make them more attractive to foreign investors, and to reduce the cost of fund raising overseas of domestic companies. The study proposes a questionnaire to the problems of implementing IFRS of publicly listed companies in Taiwan based upon the data gathered by accounting managers of publicly listed companies in Taiwan. Total are 120 samples, 96validated samples, and the effective questionnaire returns-ratio is 83%. By methods of the statistics including frequency analysis of basic background information, descriptive statistics to the validated samples, towards a supporting for the conclusions hereafter described: 1. The majority of accounting managers can approve the importance of implementing IFRS. 2. The majority of accounting managers can approve that the most important consideration in the transformation of IFRS is the cost and the benefit weight. 3. The majority of accounting managers can approve that implementing IFRS is the cross sector collaboration of company. 4. The majority of accounting managers express that their company implement IFRS by outsourcing. 5. The majority of companies improve their IT system based on existing foundation now. 6. The majority of accounting managers express that the most important recourse of implementing IFRS is the employee training. Keywords: International Financial Reporting Standards, IFRS, public listed company