Resistance to Changes in Financial Reporting Standards:

This book investigates current resistance to the ongoing change from US Generally Accepted Accounting Principles (GAAP) to International Financial Reporting Standards (IFRS). 138 countries have, thus far, adopted IFRS as a singular accounting language, while the Securities and Exchange Commission (S...

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Bibliographic Details
Main Author: Lemus, Edel (Author)
Format: Electronic eBook
Language:English
Published: Newcastle-upon-Tyne Cambridge Scholars Publishing 2016
Edition:1st ed
Subjects:
Summary:This book investigates current resistance to the ongoing change from US Generally Accepted Accounting Principles (GAAP) to International Financial Reporting Standards (IFRS). 138 countries have, thus far, adopted IFRS as a singular accounting language, while the Securities and Exchange Commission (SEC), the Financial Accounting Standard Board (FASB), and the International Accounting Standard Board (IASB) have determined that IFRS should be adopted optionally in the United States by 2016. The book shows that IFRS should act as a singular accounting language, which will promote high transparency and a better economic position in the world financial market
Item Description:Description based on publisher supplied metadata and other sources
Physical Description:1 online resource (152 pages)
ISBN:9781443898348

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