Research and development (R&D) is increasingly significant in the global economy and its
accounting treatment has always been, and remains, a contentious area. The standard …

This monograph reviews the academic literature on market outcomes, reporting practices
and the political economy behind the global use of International Financial Reporting …

The recent revisions of conceptual frameworks (CFs) by the IASB and the FASB included
changes to the status of prudence/conservatism, accompanied by a broader debate about …

How to account for goodwill arising from business combinations has proven to be one the
most controversial topics for the standardisation, preparation, and audit of financial reports …

In the most recent revision of the conceptual framework underlying accounting standards the
concept of prudence became the focus of an extraordinary public political dispute. This …

This article develops a conceptual framework, based on a comprehensive literature review,
to address illicit financial flows (IFFs), characterised by the illegal move of monies or capital …

Purpose The purpose of this study is to identify the norms that underlie and condition the
decisions made by preparers of financial reports. Design/methodology/approach This …

Accrual accounting plays a crucial role in the public sector as it enhances the efficiency of
asset utilization. However, much of existing research focuses more on the theoretical ideals …

A new corporate governance model for SOEs with Chinese characteristics was implemented
in China in 2016, in which a 4+ 1 (Chinese Communist Party committee, shareholders' …

Brazil is one of the emerging countries that has adopted the IFRS, and agribusiness plays a
relevant role in the Brazilian economy, turning the country into an important player in the …