“…Concerning IFRS 10, previous studies on adopting the standard can be split into two groups, namely, those defending limited and immaterial effects of the adoption (e.g. IASB, 2011h;EFRAG, 2012aEFRAG, , 2012bMazars, 2014;Priscilla and Ariyanto, 2014;Vašek and Gluzová, 2014;Gluzová, 2015Gluzová, , 2017 and those defending material effects (e.g. Büdy-Rózsa, 2012; ESMA, 2014, 2016).…”