U.S. accounting standards, and outline opportunities for future research on global accounting standards and regulation …. We start with a general discussion of the standard-setting process in accounting and how a U.S. switch to IFRS might … affect worldwide competition among accounting standards and standard setters. We discuss potential political ramifications of …

This chapter analyzes the role of financial accounting in the German financial system. It starts from the common … perception that German accounting is rather 'uninformative'. This characterization is appropriate from the perspective of an arm … perspective is adopted. The German accounting system exhibits several arrangements that privately communicate information to …