The present study examines the impact of
corporate governance mechanisms on compliance with IFRS and financial reporting
quality, especially focusing on non-audit service and accountant’s tenure. The
adoption of IFRS is launched in Taiwan since 2012. The study aims to
investigate this issue using a sample of 3997 data gathered from listed
companies traded on the Taiwan Stock Exchange and OTC over the period from 2012
up to 2019. The results show the evidence to support that the collective effect
of non-audit services/accountant’s tenure on audit quality has changed to be
more influential. This research findings also open valuable insights to
regulators, stock markets, practitioners, and academicians in this issue.
JEL classification numbers: D22, G32, M41.
Keywords: IFRS, Non-audit services, Accountant’s tenure.