国际会计学第六版chapter8国际会计学第六版弗雷德里克.D.S.乔伊课件InternationalAccounting,6/eFrederickD.S.ChoiGaryK.MeekChapter8:GlobalAccountingandAuditingStandards1国际会计学第六版弗雷德里克.D.S.乔伊课件LearningObjectivesDefineandunderstandthedistinctionbetween“harmonization”and“convergence”astheyapplytoaccountingstandards.Statetheprosandconsofadoptinginternationalaccountingstandards.Understandwhatismeantby“reconciliation”and“mutualrecognition”ofdifferentsetsofaccountingstandards.2国际会计学第六版弗雷德里克.D.S.乔伊课件Identifythesixorganizationsthathaveleadingrolesinsettinginternationalaccountingstandardsandpromotinginternationalaccountingconvergence.DescribethestructureoftheInternationalAccountingStandardsBoardandhowitsetsInternationalFinancialReportingStandards.UnderstandthemajorprovisionsoftheU.S.Sarbanes-OxleyActandwhysimilarlegislationisbeingenactedinothercountries.3国际会计学第六版弗雷德里克.D.S.乔伊课件Standardization,Harmonization,andConvergenceStandardizationRigid,narrowsetofrulesOne-size-fits-allapproachLessflexiblethanharmonizationorconvergenceNotthecurrentthinking4国际会计学第六版弗雷德里克.D.S.乔伊课件HarmonizationStandardsthatarepatibleCnologicalconflictsMeanstheeliminationofdifferencesamongexistingaccountingstandardsConvergenceMeansthegradualeliminationofdifferencesinaccountingstandardsButmightalsoinvolveanewaccountingtreatmentnotinanycurrentstandardInvolvescooperativeeffortsofIASBandnationalstandard-settersNowthepreferredtermoverharmonization5国际会计学第六版弗雷德里克.D.S.乔伊课件ASurveyofInternationalConvergenceAdvantagesofinternationalconvergenceInvestorunderstandingandconfidenceisimproved.Investordecisionmakingisimproved.Capitalisallocatedmoreefficientlyaroundtheworld.Financialriskandcostofcapitalarereduced.Strategicdecisionmakinginmergersandacquisitionisimproved.6国际会计学第六版弗雷德里克.D.S.乔伊课件CriticismsofinternationalstandardsSolutionistoosimpleforsuchaplexproblem.Stripsaccountingofitsflexibilitytoadapttodifferentsituations.Challengesnationalsovereignty.Atacticoflargeaccountingfirmstoexpandtheirmarketshare.Maycreatestandardsoverload.7国际会计学第六版弗雷德里克.D.S.乔伊课件ASurveyofInternationalConvergenceReconciliationandmutualrecognitionReconciliationFinancialstatementsbasedonhomeGAAP,butneteandstockholders’equityreconciledtoanotherGAAP.ThisistheSECrequirementforforeignfilers.LesscostlythanpreparingpletefinancialstatementsbasedonanotherGAAP.Butasummarized,pletepicture.8国际会计学第六版弗雷德里克.D.S.乔伊课件Mutualrecognition(reciprocity)Jurisdictionsacceptfinancialstatementsbasedoneachother’sGAAP.Doesnotimproveparability.Cancreateanunlevelplayingfield.EvaluationArgumentsonbothsideshavemerit.Butconvergenceandinternationalstandardsareareality.9国际会计学第六版弗雷德里克.D.S.乔伊课件SomeSignificantEventsintheHistoryofInternationalAccountingStandardSetting1959CJacobKraayenhofissuesfirstsignificantproclamationthatworkoninternationalstandardsshouldbegin1973CIASCcreat国际会计学第六版弗雷德里克.D.S.乔伊课件国际会计学第六版弗雷德里克.D.S.乔伊课件国际会计学第六版弗雷德里克.D.S.乔伊课件国际会计学第六版弗雷德里克.D.S.乔伊课件国际会计学第六版弗雷德里克.D.S.乔伊课件国际会计学第六版弗雷德里克.D.S.乔伊课件国际会计学第六版弗雷德里克.D.S.乔伊课件国际会计学第六版弗雷德里克.D.S.乔伊课件国际会计学第六版弗雷德里克.D.S.乔伊课件
