摘要：AbstractGlobalization of the world economies is increasing continuously. As a result, the International Financial Reporting Standards (IFRS) is gaining importance day after day. Since Saudi Arabia has joined the Group of Twenty Finance Ministers and Central Bank Governors (G-20) three years ago, hence it is expected that Saudi authorities will expand the country‟s level of adoption of the IFRS. This paper presents the early results of an on-going research related to the expected impacts of the IFRS on Saudi businesses with a particular emphasis on the telecommunication business.
