In recent years accounting regulation has internationalized with the extensive use and adoption of IFRS by nation-states which points at least at a formal convergence of accounting systems. But still major differences between national accounting systems persist. In this paper it is argued that...

In recent years, accounting regulation has been internationalized with the extensive use and adoption of International Financial Reporting Standards (IFRS) by nation-states, which points at least to a formal convergence between accounting regulatory systems. However, major differences between...

In dem Beitrag wird der Wandel der Staatlichkeit in fünf Politikfeldern analysiert: in der Rechnungslegung, der Bildungspolitik, der Gesundheitspolitik, der Arbeitsmarktpolitik und innerhalb des Gesamtrahmens wohlfahrtsstaatlicher Maßnahmen. Die vergleichende Analyse unterschiedlicher...

Purpose: The purpose of this article is to empirically test whether wealthy economies have better accounting quality (AQ) compared to their “poor” counterparts. Design/methodology/approach: To test the formulated hypothesis, this article examines accounting and market data of 40 countries'...

Business Combinations is the first completed joint convergence project of the FASB amp; IASB. The new business combinations standards converge US GAAP and IFRS in all but the calculation of non-controlling interests. Although the accounting community widely acknowledges the benefits of...

As financial markets have increasingly globalised, the regulatory framework is still nationally fragmented. One core regulatory element is the provision of assurance services by accounting firms. The Big 4 – the leading international providers of audit services – are not as international as...