Factors impacting on the future of the IASB

Sacho, Z.Y.; Oberholster, J.G.I. (Johan Gerhardus Ignatius), 1962-

dc.contributor.author	Sacho, Z.Y.
dc.contributor.author	Oberholster, J.G.I. (Johan Gerhardus Ignatius), 1962-
dc.date.accessioned	2008-07-22T11:19:06Z
dc.date.available	2008-07-22T11:19:06Z
dc.date.issued	2008
dc.description.abstract	This paper investigates the factors influencing the future of the IASB, using as the point of departure, a review of its historical progression towards becoming the global accounting standard-setting authority. It concludes that the IASB is an organisation vulnerable to (1) political lobbying of influential institutions, (2) US accounting authorities decision makers, (3) potential accounting scandals, and (4) cultural differences resulting in the misapplication of its standards around the world. Such factors should be borne in mind when charting the next steps for the IASB and in evaluating the comparability and quality of accounts produced under IFRSs around the world.	en
dc.format.extent	155805 bytes
dc.format.mimetype	application/pdf
dc.identifier.citation	Sacho, ZY & Oberholster, JGI 2008, 'Factors impacting on the future of the IASB', Meditari : Accountancy Research, vol. 16, no. 1, pp. 117-137. [http://www.meditari.org.za]	en
dc.identifier.issn	1022-2529
dc.identifier.uri	http://hdl.handle.net/2263/6285
dc.language.iso	en	en
dc.publisher	School of Accounting Sciences, UP	en
dc.rights	School of Accounting Sciences, UP	en
dc.subject	Financial Accounting Standards Board (FASB)	en
dc.subject	International Accounting Standards Board (IASB)	en
dc.subject	International harmonisation	en
dc.subject	Form 20-F reconciliation	en
dc.subject	Principles-based accounting model	en
dc.subject	Rules-based accounting model	en
dc.subject	International Financial Reporting Standards (IFRS)	en
dc.subject	International Accounting Standards Committee (IASC)	en
dc.subject	Securities and Exchange Commission (SEC)	en
dc.subject.lcsh	Accounting -- Standards	en
dc.title	Factors impacting on the future of the IASB	en
dc.type	Article	en