Human Aspects of IFRS: A Review of IFRS Implementation Constraints and HR based Solutions to Them

Manjary Pandey, Simi Anto

Abstract: Purpose: This study aims to review the constraints in the way of complete absorption of International Financial Reporting System with the scope of human resource management related aspects. It also summarises the role of HRM in successful implementation of IFRS across various countries and industries. Design/ Methodology: This study analyses the role of people factor/human resource towards the successful adoption of IFRS for an organization. For this purpose the study is reviews 35 pre - published papers/ journals/ articles and summarises their key findings. Findings: The study finds that people factor is critically important for any organization to successfully implement IFRS conventions.

Keywords: IFRS, challenges in IFRS implementation, HRM role in IFRS implementation

How to Cite?: Manjary Pandey, Simi Anto, "Human Aspects of IFRS: A Review of IFRS Implementation Constraints and HR based Solutions to Them", Volume 13 Issue 6, June 2024, International Journal of Science and Research (IJSR), Pages: 1296-1301, https://www.ijsr.net/getabstract.php?paperid=SR24618161044, DOI: https://dx.doi.org/10.21275/SR24618161044