<title>Abstract</title> An analysis of the qualitative and quantitative data on the differences between Polish accounting regulations and International Financial Reporting Standards (IFRS) reported by the preparers of the financial statements of a sample of listed entities on the Warsaw Stock Exchange for the...

<title>Abstract</title> In particular in Germany and Austria, but also in other countries, extensive theoretical and analytical research has been published on the potential tax effects should International Financial Reporting Standards (IFRS) be used as the basis for corporate taxation. Very few quantitative...

<title>Abstract</title> The world's capital markets stand to benefit significantly from widespread acceptance and use of global accounting standards that are high quality, comprehensive and rigorously applied. The US Securities and Exchange Commission (SEC) announced in April 2007 a series of actions it...

<title>Abstract</title> This paper comments on the IASB/FASB project on financial statement presentation. It suggests that the basic approach of cohesiveness between statements is worthwhile and the split between operating, financing and investing is useful to investors. However it proposes different valuation...

After the fall of communism, Romanian accounting has undergone several waves of reform. The first began with the 1991 Accounting Law and its 1993 Regulations implementing a French-inspired accounting chart and guidelines. The second wave of reform produced Regulations (in 1999 and 2001) for the...

<title>Abstract</title> This paper examines the question of whether the objective of financial reporting should be based solely on ‘decision-usefulness’ or whether stewardship should be recognised as a separate objective. This question is not new, but has recently come to the fore through the publication...

<title>Abstract</title> In the face of the globalization process that we have witnessed over recent years, the European Union (EU) decided that it is crucial to improve the competitiveness of Europe and the development of financial services and capital markets through enforcement of International Financial...

<title>Abstract</title> This article provides an anatomy of an International Financial Reporting Interpretation Committee (IFRIC) Interpretation. That is, it describes the IFRIC's current operating procedures. It also describes the IFRIC's outputs from its inception in March 2002 to March 2007. During this...

<title>Abstract</title> While international convergence of accounting standards is becoming more of a reality, the International Accounting Standards Board (IASB) continues to seek greater acceptance and legitimacy as an institution. Constituent participation is one key component for an organization to obtain...