attributes initiated recently by the International Accounting Standard Board (IASB) in their efforts to reflect more relevant … regulators, on the one hand, and accounting standard setters and investors, on the other. Findings – The propositions constitute … a significant departure from current accounting practices in that all financial assets and liabilities should uniformly …

towards a monopoly in accounting standards and standard setting. Practical implications – The potential costs, problems, and …Purpose – The aim of this paper is to document the author's keynote address in Accounting at the 16th Annual Conference … on Pacific Basin Finance, Economics, Accounting and Management “Innovation for a Sustainable Future: Visions for 2020 …

The article takes a political economy perspective on the current harmonization of accounting standards. It argues that … Standards Board (IASB) brings to accounting is an increased reliance on market values in the form of so-called Fair Value … substance of what is being governed. In political-economic terms, the most significant change which the International Accounting …

accounting standards that need to be applied. Specifically, this paper highlights a number of issues concerning: the adoption of … country accounting standards with IFRSs in force at European level and, consequently, the possibility of using by some third … standards as equivalent to adopted IFRS. …

The evolution of Accounting during the transition to a market economy has demonstrated the existence of a special … methodology of gathering, processing and providing information related to modern Accounting, based on specific informational … system. Accounting may offer a model, as a means of expressing financial records and its economic activities. …

changes in business accounting and reporting standards. Because this would imply significant changes in business information … agents. This paper presents a two-pronged approach towards accounting for changes in biodiversity and ecosystem services from … a business perspective. First, we seek to analyze how Environmental Management Accounting (EMA) may be used by firms to …

the public sector in terms of harmonization of national accounting system with international standards. …The article investigates accounting procedures for inventory in public sector institutions. The analysis of the most … important aspects of accounting for inventories is being held, which are reflected in Instructions for inventory accounting No …

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 …

Many authors present the advantages of fair value accounting, but others contest this concept, because of its … accounting of the comparable value and it gives more liability to the manager. However, critics of fair value accounting do not … provide credible alternatives. Do we go back to historical cost accounting, wherein the financial assets are stated at …