Standard setters have sought a conceptual framework to guide development of a consistent set of accounting standards … to justify a wide range of actual accounting standards. Second, all accounting issues are viewed as being conceptual … standard setting bodies. Associated with each conceptual issue is an accounting duality; in some cases one side (e.g., stocks …

We experimentally explore how common knowledge provided by accounting systems affects investors' decision and shapes … the formation of security prices over time. We design alternative accounting structures and run experiments in artificial … security markets framed by these structures. In sessions where investors receive exogenous accounting information about …

Accounting for pension obligations has been co-evolving with political and financial economic strategies aimed to … convergence of accounting standards between private and public sectors. In this context, our article provides a theoretical … analysis of accounting for pension obligations, drawing upon a comprehensive review of existing practice and regulation. The …

In 2006, the China Accounting Standards Committee (CASC) issued its Statement No. 20, which permits both the purchase … and pooling of interests (or merger) method of accounting for business combinations. The decision of the CASC in Statement … No. 20 stands in contrast to the decisions taken by the US Financial Accounting Standards Board (FASB) and the …

lsquo;Why discuss accounting in Socio-Economic Review?' lsquo;Because accounting constructs socio-economic reality … globally standardized.' lsquo;What are the impacts of such new accounting on wider stakeholders and on the socio-economy at … Value Accounting is presumed to be fair, while it is not.' In order to promote discussions over how our socio …

This paper aims at understanding the recent evolution of Chinese accounting standards while focusing on the accounting … for business combinations as case of reference. A comprehensive comparative analysis between International Accounting … Standards Board's and Chinese accounting standards is provided, based upon a dualistic approach opposing two perspectives of …

accounting practice. Associated with each of these conceptual dimensions is an accounting duality; in some cases one side (e …