Adoption of IFRS in Bangladesh. Challenges and Opportunities

ADOPTION OF INTERNATIONAL FINANCIAL REPORTING
STANDARDS (IFRS)
IN BANGLADESH
CHALLENGES AND OPPERTUNITIES

Research Methods for Managers in an International Context
MOD 001105

Prepared by
MD MONIRUL ISLAM ARIF
Student ID: 1230634
Academic Year: 2013/2014

1

Table of content

INTRODUCTION………………………………………………………………………………………..3
Statement of Problem………………………………………………………………………………...4
Research Questions…………………………………………………………………………………..4
Research Objectives………………………………………………………………………………….4
LITERATURE REVIEW…………………………………………………………………………………5
International Financial Reporting Standard (IFRS)…………………………………………………5
Adoption History of Bangladesh………………………………………………………………………6
Accounting Profession Growth in Bangladesh………………………………………………………6
Problems of Adoption………………………………………………………………………………….7
Challenges and Opportunities…………………………………………………………………………7
RESEARCH DESIGN AND METHODOLOGY……………………………………………………….8
Research Methods…………………………………………………………………………………....8
Data Collection…………………………………………………………………………………………9
Data Sampling……………………………………………………………………………………….10
Data Analysis…………………………………………………………………………………………10
Research Ethics…………………………………………………………………………………………11
Autonomy………………………………………………………………………………………………11
Beneficence…………………………………………………………………………………………....11
Research Limitation……………………………………………………………………………………..11
Time Scale……………………………………………………………………………………………….12
References……………………………………………………………………………………………….13

2

INTRODUCTION
The exceptional blast of organizations and financial services industry has carried about vast prospects to utilize newer principles, approaches, tools and practices not only in the field of finance but also in the field of Accounting. It is most challenging field for every business around the globe. Accounting is one of the main bodies of an every business wheatear it is small medium enterprise or large multinational company. These systems give a proper way as well as help to find out an accountant how should be

References: 1. Mir, M. Z., and Rahaman, A. S. 2005. The adoption of international accounting standards in Bangladesh 3. Shil, C. N., Das, B. Dr, and Pramanik, K. A., 2009. Harmonization of Accounting Standards through Internationalization 4. Tomaszewski, G. S., and Showerman, S. 2010. IFRS in the United States: Challenges and Opportunities 5. Leuz, C., and Robert E. Verrecchia. 2000. The Economic Consequences of Increased Disclosure. 6. Hillman, D. A., Histon, H. P., and Dodd, L. J., 2012. Convergence or Adoption of IFRS in the United States? 7. Saunders, M., Lewis, P. and Thornhill, A., 2012. Research Methods for Business Students. 6 th ed.