International Differences in Accounting Practices Under IFRS and the Influence of the US

• Tipo: Artigo em Revista Científica Internacional
• Data: 2018

Autores

Lourenco, IC (Autor) Outra; Sarquis, R (Autor) Outra; Manuel Castelo Branco (Autor) FEP; Magro, N (Autor) Outra

Revista

Título: Australian Accounting Review

Vol. 28

Páginas: 468-481

ISSN: 1035-6908

Editora: Wiley-Blackwell

Indexação

ISI Web of Knowledge - 6 Citações

Scopus - 11 Citações

Outras Informações

ID Authenticus: P-00P-YSV

DOI: 10.1111/auar.12207

Abstract (EN): This paper expands prior International Financial Reporting Standards (IFRS) accounting systems' classifications to a broader set of 27 countries where IFRS adoption is a widespread practice, as well as the US. It examines the issue of whether a US model of accounting that includes countries which have adopted IFRS exists. The results suggest a classification distinguishing between three groups of countries based on the similarity of their accounting practices: 1) Australia and New Zealand; 2) US-influenced countries; and 3) South Africa, Oman and European countries. This study contributes to the literature not only by providing evidence of differences in accounting practices to a broader set of countries, but mainly by suggesting an economic explanation of the existence of accounting choices. In particular, economic proximity to the US may be an important factor influencing accounting practices in some countries, even after IFRS adoption.

Idioma: Inglês

Tipo (Avaliação Docente): Científica

Nº de páginas: 14