The Role and Current Status of IFRS in the Completion of National Accounting Rules – Evidence from European Countries

Détails

ID Serval
serval:BIB_FEAC77F1E8DB
Type
Article: article d'un périodique ou d'un magazine.
Collection
Publications
Institution
Titre
The Role and Current Status of IFRS in the Completion of National Accounting Rules – Evidence from European Countries
Périodique
Accounting in Europe
Auteur⸱e⸱s
André P.
ISSN
1744-9480
1744-9499
Statut éditorial
Publié
Date de publication
04/05/2017
Peer-reviewed
Oui
Volume
14
Numéro
1-2
Pages
1-12
Langue
anglais
Résumé
I present a summary and analysis of a series of papers from this special issue of Accounting in Europe that examine the role and current status of International Financial Reporting Standard (IFRS) in the completion of National Accounting Rules applicable to large ‘non-listed in a regulated market’ nonfinancial undertakings trading for gain in 25 European countries following the recent implementation of the new European Accounting Directive 2013/34/EU. IFRS has had a varying degree of influence across European countries. Some refer and are closely aligned to IFRS or to IFRS for small and medium-sized entities, some while influenced by IFRS retain complete independence and some show limited influence mostly when accounts are for other purposes such as taxation, dividend distribution or creditor protection. I present a number of classification schemes and contrast these with Nobes [(2008). Accounting classification in the IFRS Era. Australian Accounting Review, 18(3), 191–198] two group accounting classification of European accounting systems as strong equity/commercially driven versus weak equity/government driven/tax-dominated systems.
Mots-clé
IFRS, Europe, 2013/34/EU, SMEs, Classification
Web of science
Création de la notice
03/07/2017 9:23
Dernière modification de la notice
20/08/2019 16:29
Données d'usage