Until the end of the 1980s, the activity of accounting standardization was strictly national for\ntax and legal reasons. This conception or logic was revised in the last quarter of the twentieth\ncentury following the globalization of the economy and the intensification of the international\nmarket/stock exchanges. Indeed, the multitude of accounting standards urged investors to\nspend an enormous amount of time understanding them before analyzing the economic\nsituation of the countries in which they wanted to invest. Several organizations were therefore\nset up to develop international accounting standards.\nThe purpose of this article is to present the results of an empirical study using companies\nlisted on the Casablanca Stock Exchanges (CSE), to measure the relationship between the\nvalues under International Financial Reporting Standards (IFRS) and those under the General\nCode of Accounting Standardization (GCAS) on the Moroccan financial market.\nThe results show that the values of the accounting and financial information under the\ninternational reference \"IFRS\" are in common evolution with the values of accounting and\nfinancial information under the national reference \"GCAS\".
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