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omparative financial statements, but also enhance Taiwan's international capital markets, appraisal, and thus to attract foreign investment in the country. Overseas companies wishing to issue securities, nor restatement of its financial reports, can reduce the related financing costs. For overseas investment in the company's domestic enterprises turn, can reduce the conversion cost accounting accounts, and improve management efficiency. However, for the enterprise is a comprehensive import IFRS impact, its impact is not only a financial and accounting areas for information systems, performance systems, investor relations, tax and legal and other aspects will also be affected, so companies should be prepared early work. Therefore, accounting for different areas, we have adopted different factors on the analysis of the impact of IFRS.
1. IFRS will affect the investment shares?

Expression of different corporate earnings, stock assessment naturally be affected. ROC GAAP due to stress the reliability of financial reporting and sound conservative principles, the historical cost basis of the most common measure, but the emphasis is IFRS Relevance of information, focus on fair value, so the company's future earnings will be presented with the current very different. And not only for the first time adoption of IFRS, the company's financial statements is subject to fluctuations; in IFRS basis, with different accounting periods, earnings volatility may also increase performance, stock prices will certainly be affected.
2. How to increase the probability of investment success in IFRS system?

IFRS reporting companies for the sake of the true situation, the fair value will play a very important role. Although the fair value reflects the true value, but may also increase the asset float, resulting in earnings puffiness; Not only that, the fair value of the accounts can also be used as manipulation, cosmetic tools for earnings, and even affect the share price performance, resulting in adverse effects . IFRS identified by reference with the current system there are many differences, by picking the Contemplative earnings must also be immediately changed. Investors must spend more time earnings, in particular, in-depth analysis of a number of important financial information of the original note, only after the commencement of the IFRS system, to further understand the fundamentals, and increase the chances of investment success.
3. The impact of IFRS in various industries in Taiwan
3.1. Relatively negative:
Shipping, aviation, finance, department stores, travel
- Although the company will be affected by negative shocks, but has little effect on the income statement.
3.1.1. Shipping, aviation and other transport
Leased equipment must be included in the balance sheet, liabilities on the books than will thus increase.
3.1.2. Financial sector
Expected when the loan is necessary to assess potential losses, which will have great impact on revenue.
3.1.3. Department store industry
Recognized only its own brand of counter income, revenue figures will be reduced relative; but in the earnings "Note item" can still be found from other rental counters.

3.2. Relatively positive: the company land assets more
More real estate and land holding companies, the future choose to have