Abstract:

The paper presents a review of the literature about factors influencing financial reporting quality (FRQ). It aims to gather recently described factors and some new findings of previously investigated ones. It can be useful as for now some literature reviews have been done on particular factors, i.e. IFRS adoption, however, there is no such paper allowing to create a complex set of different factors. Further research can be focused on extending this set. Also, the extension of previously conducted research on particular ones, e.g. cross-country research, can be beneficial.