Encyclopedia of International Accounting

Edited by Parmod Chand, Associate Professor of Accounting, Department of Accounting and Corporate Governance, Macquarie University, Australia

Contents:

Preface viii
Acknowledgements x
PART I CONCEPTS AND DEFINITION
1 International accounting 2
Hector Perera
2 International convergence of financial reporting 7
Parmod Chand
3 International ethical standards in accounting 14
Nam The Nguyen
4 International Financial Reporting Standards (IFRS) 21
Rajni Mala
5 International Financial Reporting Standards (IFRS) for small and medium-sized enterprises 27
Dinuja Perera
6 International issues in auditing 37
Vida Botes
7 International issues in corporate governance 44
Zhuoan Feng
8 International issues in managing multinational corporations 51
Rakesh Pandey and Mansi Mansi
9 International sustainability reporting 59
Sumit K. Lodhia
10 Prominent ethical issues in international accounting and business 65
Mary Low and Nirupika Liyanapathirana
PART II THEORIES AND RESEARCH METHODS
1 Accounting systems 76
Kanwal Javed
2 Conceptual framework 82
Kanwal Javed
3 Theories of accounting regulation 89
Krishan Prasad
4 Trends of qualitative research in international accounting 97
Dale Tweedie
5 Trends of Quantitative Research in International Accounting 103
Parmod Chand and Rajni Mala
PART III INTERNATIONAL ACCOUNTING ISSUES
1 Benefits and costs of International Financial Reporting Standards (IFRS) implementation 114
Mohammad Abu Taleb and Afzalur Rashid
2 Information technology 119
Mohammad Abu Taleb and Afzalur Rashid
3 International Financial Reporting Standards (IFRS) implementation: institutional arrangements 128
Mohammad Abu Taleb and Afzalur Rashid
4 Integrated reporting 139
Pei-Chi Kelly Hsiao
PART IV INSTITUTIONS
1 Institutions 148
Umesh Sharma
International Accounting Standards Board 148
International Federation of Accountants 148
International Monetary Fund 149
International Organization of Securities Commissions 150
International Sustainability Standards Board 152
World Trade Organization 152
World’s Largest Public Accounting Firms (Big 4) 154
PART V FACTORS AFFECTING INTERNATIONAL ACCOUNTING PRACTICES
1 Factors affecting international accounting practices 160
Noriyuki Tsunogaya
Culture 160
Education level 162
Inflation 162
Legal system 163
Level of economic development and capital markets 163
Political and economic ties 164
Religion 164
Sources of finance 165
Status of the accounting profession 166
Taxation 166
PART VI INTERNATIONAL ACCOUNTING PRACTICES ACROSS THE GLOBE
1 The International Financial Reporting Standards Foundation 169
Md Mustafizur Rahaman
2 International accounting practices across the countries in Europe 170
Md Mustafizur Rahaman
3 International accounting practices across the countries in Africa 212
Md Mustafizur Rahaman
4 International accounting practices across the countries in the Middle East 242
Md Mustafizur Rahaman
5 International accounting practices across the countries in Asia and Oceania 253
Md Mustafizur Rahaman
6 International accounting practices across the countries in the Americas 287
Md Mustafizur Rahaman