In 2017, the Saudi Capital Market Authority introduced International Financial Reporting Standards (IFRS) for all publicly listed companies to align with global reporting standards. IFRS standardised accounting measures offer global market participants, including investors, analysts and other users of financial reports, considerable benefits. In this literature review, we examine a paper that uses public filings to explore whether the adoption of IFRS accounting standards can affect analyst forecast accuracy, forecasting optimism and forecast dispersion within financial markets.