Convergencia de normas contables internacionales entre México y Estados Unidos: evidencia empírica

The objective of this work is to examine whether the adjustment of Mexican accounting standards to the IFRS has turned Mexican principles on this matter into better quality norms, increasing their comparability to the US GAAP and reducing tampering over results. At same time, we question if, according to the Agency Theory, the differences between accounting variables calculated under Mexican and American regulations may result from managers' opportunistic interpretation of Mexican standards, rather than from differences in accounting standards in both countries. Results suggest that all efforts to converge accounting standards have increased the comparability of the accounting results, although this convergence is also due to the opportunistic selection of accounting methods depending on different economic situations.