The Financial Reporting Policy Committee of the Financial Accounting and Reporting Section of the American Accounting …

This study examines whether application of IFRS by non-US firms results in accounting amounts comparable to those … resulting from application of US GAAP by US firms. IFRS firms have greater accounting system and value relevance comparability …

principles based accounting standards such as IFRS are likely to be realized only if auditors are also principles based. Third ….This comment was developed by the Financial Accounting Standards Committee of the American Accounting Association and does not … represent an official position of the American Accounting Association …

. Accounting researchers have attempted to assess the quality of IFRS using different methods and criteria. While we are skeptical …

that U.S. accounting standards have adopted. Many argue that a more principles-based approach to standards setting …, typified by international accounting standards, would improve the quality of financial reporting and strengthen the auditor … early 2009, the U.S. appeared poised to transition U.S. accounting standards to international accounting standards. The …

This paper discusses arguments for and against introducing competition into the accounting standard-setting process in … leadership in making accounting rules; (2) the increased risk of a "race to the bottom" under regulatory competition; (3) the … inability of most users of financial reports to understand the complex technical issues underlying accounting standards; (4) the …

scientific management practices (time study, variance analysis, etc.) reached a level in practice that many accounting historians …

accounting courses, and model the decision by introductory accounting educators to integrate IFRS into their courses. Using a … important for non-accounting business majors, 56 percent spent less than 30 minutes per term covering IFRS. Our results suggest …