The findings of this study will help regulators in jurisdictions considering future adoption of IFRS and theimpact of audit committees on earnings quality. Past research has found that accounting quality is notmerelybased on the adequacy of reporting standards but also the effectiveness of laws and business incentives. Futureresearch may consider law enforcement and its linkswith accounting quality. Thiswill provide useful insightsfor policymakers and regulators which could help drive true accounting quality.
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