The aim of this paper is to critically examine the applicability of the concept of 'True and Fair View' (TFV) from an Islamic perspective. It then explores the position and roles of TFV in the Islamic accounting context. The sources of data consist of the shari'ah fundamentals from the Islamic...

The objective of this study is to analyse the status of accounting standard in Pakistan as an example of an emerging economy. This paper proposed to set up a separate Accounting Standards Board of Pakistan (ASBP), a private sector organisation that includes a wider participation in the adoption...

Insurance industry has got some certain characteristics that are uncommon in other types of industries. Thus, the financial disclosure pattern is also different for insurance companies. Again, accounting standards, rules, laws and other prescriptions are very much divergent in this area....

The aim of this paper is to examine the value relevance of accounting information following the voluntarily IFRS adoption in the pre-IFRS period (from 2000 to 2004). Moreover, this paper compares the relevance of the two accounting valuation models as the historical cost versus Fair Value...