Motivated by growing importance of compliance with International Financial Reporting Standards (IFRS) disclosure requirements around the globe and virtual nonexistence of any research on this area with specific reference to developing economies, this study explores the extent of compliance with applicable IFRS disclosure requirements by top 5 listed companies from all the sectors in Pakistan apart from Financial services sector e.g Banks and Insurance companies and if they do at all then what are the firm attributes that affect this compliance level. Companies were ranked with respect to their market capitalization for the sample time period of 2012-2016. The attributes that were studied were firm’s age, size, leverage, liquidity, Profitability, Size of Auditor and types of Industry. The compliance level in Pakistan ranged from 87% to 100% by different firms and only Size of Auditor was the attribute that showed consistent significant relationship with compliance with IFRS’ disclosure requirements showing that firms audited by top 4 audit firms comply more with disclosure requirement. Other attributes showed mixed results during the sample time period.

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