International Accounting: Standards, Regulations, Financial Reporting
by Greg N. Gregoriou, Mohamed Gaber
Category: Business & Economics

International Accounting, Edited by Greg N. Gregoriou and Mohamed Gaber, encompasses a wide range of topics from an international accounting perspective. The book is a collection of several original research papers written by well-known authors and experts in the field of the expertise from different countries on very important and emergin topics in international accounting. An important topic covered in the book is adopting and implementing International Financial Reporting Standards (IFRS) in Transition Economies. This topic is particularly important for countries that do not have financial and technical resources to establish their own accounting and reporting standards. So, it is of critical importance for such countries to have a model to use for their financial reporting. Due to the International Accounting (IAS) Regulation being adopted by the European Parliament in 2002 (NO 1606/2002), listed companies in the EU capital markets were required to adopt IAS by 2005. This regulation is a revolutionary one, and thereofre, there is a need for a research that focus on lobbying activities towards the International Accounting Standard Board (IASB). This book has an extensive chapter that focuses on the content analysis of the common letters received by the IASB. Fair Value Accounting has gained some special interest in recent years. This book includes two original chapters on Fair Value Accounting with applications in two different countries.