accounting ; IFRS adoption ; economic consequences ; contracting ; regulation ; review …

The mandatory adoption of IFRS by many countries worldwide fuels the expectation that financial accounting information … importance of incentives in shaping accounting information. We provide early evidence on this debate by investigating the effects … of mandatory IFRS adoption on the comparability of financial accounting information around the world. Using two …

With the "Bilanzrechtsmodernisierungsgesetz" (BilMoG), the German legislator extensively revised the German accounting … law. The purpose is to strengthen the information function of the German GAAP. To reach this objective, the accounting of … GAAP. Thus, accounting of these uncertain or unrealized positions results in a restriction of dividend payouts. The …

in U.S. companies. This paper shows the tax implications and accounting rules for stock option plans. By comparison of … the tax and accounting rules for different compensation schemes we show that the popularity of stock options may be mainly … due to the U.S. Generally Accepted Accounting Principles (US-GAAP) which require no charge to earnings for speciffically …

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 …

The objective of the IFRS for SMEs is to provide SMEs an attractive accounting alternative according to international …

We argue that Danish agriculture provides an ideal opportunity to understand how and why modern accounting emerged …, largely based on dairying, for which we present unique 'real time' data on the process of the development of accounting. We … observe that economic actors first argued for the introduction of modern accounting at a time of crisis during the Napoleonic …