Financial Reporting Quality - Before and After IFRS Adoption Using NiCE Qualitative Characteristics Measurement

This research aims to evaluate whether there are any increasing in financial reporting quality after the IFRS adoption using the qualitative approach being developed by Nijmegen Centre for Economics (NiCE).This research is using paired sample test to analyze the data. The financial reporting quality before the IFRS adoption is represented by the period 2009-2010, while the financial reporting quality after the IFRS is represented by the period 2012-2013.We concluded that IFRS adoption increased the quality of financial reporting. The result showed that the qualitative characteristics of relevance, understandability and comparability level increased after IFRS adoption.