Vietnamese accounting regulations and practices since the mid‐1980s, and an analysis of prospective developments. Design … Vietnam implemented economic liberalization and developed closer links with Western economies, its accounting system has … changed accordingly. The current system is a mixture of conceptual and formal elements taken from Western accounting and some …

Purpose – The purpose of this paper is to describe and analyze the accounting standards reforms that have moved the … accounting profession away from rules‐based towards principles‐based accounting practice and financial reporting, and to explore … financial misstatements. Design/methodology/approach – The paper critically reviews the internationally accepted accounting …

and effects. Design/methodology/approach – An empirical approach is used based on the content analysis of the accounting … materialisation of the IASB and FASB objective regarding the FV accounting convergence and underlines certain dissimilarities … preference for the seller's perspective, cannot cover all the situations that imply FV accounting and discriminate the users of …

“fair value accounting,” particularly in respect of the treatment of acquired “goodwill” shown on consolidated balance … intentions of accounting policy makers in relation to fair value acquisition accounting and evaluates the empirical evidence … relating to corporate behavior in this area. Findings – Despite the presumed benefits associated with fair value accounting, it …

implementing fair value accounting (FVA), as codified in the International Financial Reporting Standards (IFRS), by studying China …'s recent experience. Design/methodology/approach – The paper examines the extent of FVA adoption in China's new accounting … standards (“2007GAAP”), reasons for differences from the International Accounting Standard Board's IFRS, and how 2007GAAP has …

Accounting Standardization System. Second, it presents an innovative valuation model to assess the fair value of dairy herds … had adopted the new Accounting Standardization System. Data were captured through interviews to assess how dairy farms … were using the new valuation criteria required by this recent accounting frame of reference. A proposal for a model to …

investors’ confidence and improve investors’ perceptions of fair value reliability. The main criticism of fair value accounting …

Abstract This is a book review for Accounting for Value . The book draws upon “Ten Commandments” instead of boring … accounting jargon. Its unique value is based on renewed valuation formula to interpret the usefulness of fundamental accounting … information that is consistent with historical cost accounting.  …