Assessing the Extent of Compliance with International Accounting Standards‪.‬

INTRODUCTION The major objective of this study is to assess the extent of compliance with IAS by companies domiciled in three European countries. Specifically, this study's sample includes firms from France, Sweden, and Switzerland that have moved away from domestic financial accounting standards toward some level of compliance with International Accounting Standards (1) (IAS). This sample firms' financial statements are examined to ascertain the extent of compliance with IAS. Compliance as measured in this case speaks volumes about the degree to which management keeps up with IAS requirements, while providing some insight into whether management is truly interested in financial reporting transparency.