The communication of such financial information helps to limit the problems related to information asymmetry and establishes a climate of trust regarding the mechanisms of capital markets, therefore encouraging the different actors to make more transactions. These different aims, in the context of emerging capital markets, can be reached by publishing financial statements which are based on IAS/IFRS. The use of accounting standards similar to these. Is considered to be the main reason behind the efficient functioning of many Anglo – Saxon capital markets.