The objective of this paper is to provide a synopsis of Islamic accounting characteristics as well as to identify some … of the determinants which led to its specificity. It explores several aspects related to the Islamic accounting … and implementation of the accounting standards in the Islamic Word. Based on Hofstede approach, the elements of this …

hereafter) is affected by the banking nature whether Islamic or conventional, by the bank accounting standards whether rule …-based local Generally accepted accounting principles (here after local GAAP) or principle-based International Financial Reporting … governance system. On the use of accounting standard, we argue that banks using IFRS standard may exhibit lower evidence of …