Record Details

A Country Specific Approach To IFRS Accounting Policy Choice In The European, Australian And Turkish Context

Emerging Markets Journal

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Field Value
 
Title A Country Specific Approach To IFRS Accounting Policy Choice In The European, Australian And Turkish Context
 
Creator Akdogan, Nalan
Ozturk, Can
 
Subject Accounting policy, IFRS, Europe, Australia, Turkey
 
Description IAS 8 defines the concept of accounting policy as "the specific principles, bases, conventions, rules and practices applied by an entity in preparing and presenting financial statements". Within the framework of this concept, this research that is derived from International Financial Reporting Standards (IFRS) contributes to the accounting literature by focusing on the alternative accounting policies' debate related to presentation and recognition issues in the European, Australian and Turkish context and concludes that there is an influence of local accounting policies over IFRS practice in Turkey and this influence still exists in Europe and Australia. This shows that as long as diversity in accounting policies of IFRS is present, entities are expected to be inclined to select their local accounting policies by leading to comparability of financial statements within the country rather than between countries in the IFRS context.
 
Publisher University Library System, University of Pittsburgh
 
Contributor —
 
Date 2015-02-20
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://emaj.pitt.edu/ojs/index.php/emaj/article/view/70
10.5195/emaj.2015.70
 
Source EMAJ: Emerging Markets Journal; Vol 5, No 1 (2015); 60-81
2158-8708
2159-242X
 
Language eng
 
Relation http://emaj.pitt.edu/ojs/index.php/emaj/article/view/70/248
 
Rights Copyright (c) 2015 EMAJ: Emerging Markets Journal