This paper examines whether the level of enforcement shapes the complexity in accounting standards. First, in order to … identify the level of complexity in accounting standards, we calculated a new measure that conceptualizes accounting complexity … International Financial Reporting Standard and International Accounting Standard, in 2018, was analyzed. Second, we investigated …

arguments for and against detailed accounting standards. Myddelton concludes that, while there may be a case for the accounting … profession to develop voluntary guidelines, the imposition of rigid standards is likely to prevent the art of accounting from … those at Enron and WorldCom is flawed. He argues that those scandals happened at a time when accounting practices were more …