(2) The Degree of Compliance with an Individual IAS
This section discusses the results of the degree of compliance with the total requirements in each individual IAS. The following findings present the degree of compliance for an area of accounting covered by an individual IAS, in order to convey an overall picture of compliance before and after of the IAS endorsement. The Z score was computed so as to confirm whether the contents of financial statements deriving from each IAS were changed significantly by using the following formula: