The financial milieu of the IASB and AASB
MetadataShow full item record
This paper considers the implications of the convergence of the accounting standards of the International Accounting Standards Board with those of the Australian Accounting Standard Board. Australia seems well placed to comply with the international accounting standards in 2005, but not quite in the way the boards would have us imagine. While actively seeking funds from large multinational corporations and elite accounting firms, the AASB is dominated by stakeholder groups with what are described as “corefinancial” and “partial-financial” interests. This financial milieu may offer cosy deals for the key stakeholders, but does little in the way of civic responsibilities and accounting service for the wider public.
Showing items related by title, author, creator and subject.
Hossain, Mahmud; Hossain, M.; Sen, K. (2012)Financial development, broadly defined to include not just financial sector deepening but also improvements in the efficiency of the financial sector, I is vital for pro-poor growth (Mavfotas, 2009). Financial development ...
Solution of AdaptingCreative Accounting Practice: An in depth perception gap analysis among Accountantsand Auditors of Listed CompaniesKarim, A.; Shaikh, Junaid; Hock, O.; Islam, R. (2016)Creative Accounting, also known as cosmetic accounting or window dressing, are accounting applications whereby accountants may take advantage of the loopholes in the accounting policies according to the International ...
Pham, Hoai Huong (2012)This thesis investigates de jure convergence of Vietnamese Accounting Standards (VAS) and International Accounting Standards (IAS/IFRS) and de facto (actual company reporting practice) compliance with VAS and IAS/IFRS ...