How do individual investors react to global IFRS adoption?

If any Investor adopt IFRS system then every time recon with local body tax & regulations

He have to be familiar with GAAP at least and have an idea about the accounting principles and assumption

Surely individual investors can rely greatly investing in those companies which adopt IFRS as there is less possibility of manipulation of information in preparing the financial statements.

Study was made for the impact of global IFRS adoption on cross-border equity investments by individual investors. The Open Market at Frankfurt Stock Exchange, a segment designed for German individual investors to trade a large selection of foreign stocks, provides an ideal setting to address this research question. Using a sample of 4,869 firms from 31 countries around the world, we find that stocks experience an increase in Open Market trading activity following mandatory adoption of IFRS. This increase is both economically and statistically significant. Our results are consistent with the idea that collective IFRS adoption has the potential to reinforce foreign equity investments not only by professional institutional investors (e.g. Covrig et al. (2007), Florou and Pope (2009)), but also by individual investors.   

collective IFRS adoption has the potential to reinforce cross-border equity investments by individual investors

global IFRS adoption2 individual investors increase their investments in foreign IFRS stocks. This prediction is based on two assumptions. First, accounting information affects cross-border equity investments of individual investors, either because they use financial statements by themselves and/or because they consult information intermediaries (e.g., the business media or financial advisors) that in turn rely on financial statements. The second assumption is that country-specific accounting standards create entry barriers to investments in foreign stocks, because individual investors or the respective information intermediaries do not have the resources to familiarize themselves with local GAAPs. Global IFRS adoption removes these entry barriers by replacing country-specific accounting rules with one single set of standards.

There is no problem with adoption of IFRS, but there is a problem with reconciliation of IFRS and unpredictable tax regulations.

Thank you for your kindness invitation.

I agree with all previous answers.

Regards