Benefits and Costs of IFRS Implementation in Poland - the View of Preparers and Consultants

Abstract

The purpose of the research was to examine the opinions of preparers and consultants on costs and benefits of IFRS implementation in Poland and to compare the obtained results to the findings of similar studies conducted in other countries. The results of the study on the costs and benefits of IFRS implementation in Poland from the perspective of preparers and consultants confirm only some benefits mentioned in literature for companies which apply these standards. With regard to costs and difficulties experienced by Polish companies in relation with IFRS implementation, findings of the study are similar to the results of studies conducted in other countries.