X hits on this document

Powerpoint document

A Standard Setting Perspective on Current Issues Facing the Accounting Profession - page 4 / 29

81 views

0 shares

0 downloads

0 comments

4 / 29

4

International convergence

Convergence as a concept has few detractors

Detractors point to jurisdiction-specific circumstances that should be accommodated

Empirical question:  what (if any) jurisdiction-specific circumstances are sufficient to require jurisdiction-specific financial reporting standards?

Should the same (or similar) transactions be accounted for differently, depending on where they occur?

Differing legal systems

Differing organizational/ownership structures

Document info
Document views81
Page views81
Page last viewedThu Dec 08 16:26:32 UTC 2016
Pages29
Paragraphs508
Words2564

Comments