Abstract:
This study uses modern institutional theory to examine the internal and external factors that led
Pakistan to adopt IFRS as well as to identify the opportunities and problems that emerged
throughout the adoption process. Several studies have just briefly addressed the adoption of
IFRS are used in nations like Pakistan that have quite different social, legal, and political
systems from those that support international accounting standards. Regarding the institutional
pressure that led Pakistan to adopt IFRS, no research has been done
