acquis communautaire for the field of the accounting of the corporations: The Fourth Guideline of the Counsel (78/660/EEC …

Accounting goodwill arises as a result of business combinations and appears in a consolidated balance sheet of an … goodwill attributable to non-controlling interests in subsidiary is measured at fair value. Thus, the main accounting problem … potential for “creative accounting”. The problems with reliability and transparency of financial statements, when "full …

accounting harmonization by way of IFRS adoption, this paper reviews selected literatures on consequences of IFRS adoption. This …

A wave of accounting failures at the beginning of the century motivated the national stock exchanges to require firms … independence (outside directors) on the probability of an accounting misstatement. Existing empirical studies find a negative …

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 …

practice in financial markets (e.g. Koller et al, 2005, CFA Institute, 2005, Penman, 2006). Yet accounting standards are under … unreconciled ways in the literature, and, second, to propose a practical basis for accounting standard-setters to determine …

Financial statement preparers often make accounting judgments with considerable uncertainty about what future … accounting standards will require. We conduct a study in the experimental economics tradition to investigate how such uncertainty … affects preparers’ current period accounting estimates. Compared to preparers who know with certainty that future standards …

To be useful for decision-making accounting information needs to be of high quality. This article examines how tax … accounting rules may impact the accuracy and reliability of the information contained in financial statements. The simulation … model reveals that significant distortions occur in accounting information due to the choice of depreciation period and …