The financial milieu of the IASB and AASB
This paper considers the implications of the convergence of the accounting standards of the International Accounting Standards Board with those of the Australian Accounting Standard Board. Australia seems well placed to comply with the international accounting standards in 2005, but not quite in the...
| Main Author: | |
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| Format: | Journal Article |
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CPA
2006
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| Online Access: | http://hdl.handle.net/20.500.11937/14676 |
| _version_ | 1848748686556790784 |
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| author | Brown, Alistair |
| author_facet | Brown, Alistair |
| author_sort | Brown, Alistair |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | This paper considers the implications of the convergence of the accounting standards of the International Accounting Standards Board with those of the Australian Accounting Standard Board. Australia seems well placed to comply with the international accounting standards in 2005, but not quite in the way the boards would have us imagine. While actively seeking funds from large multinational corporations and elite accounting firms, the AASB is dominated by stakeholder groups with what are described as “corefinancial” and “partial-financial” interests. This financial milieu may offer cosy deals for the key stakeholders, but does little in the way of civic responsibilities and accounting service for the wider public. |
| first_indexed | 2025-11-14T07:08:59Z |
| format | Journal Article |
| id | curtin-20.500.11937-14676 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T07:08:59Z |
| publishDate | 2006 |
| publisher | CPA |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-146762017-09-13T16:03:35Z The financial milieu of the IASB and AASB Brown, Alistair This paper considers the implications of the convergence of the accounting standards of the International Accounting Standards Board with those of the Australian Accounting Standard Board. Australia seems well placed to comply with the international accounting standards in 2005, but not quite in the way the boards would have us imagine. While actively seeking funds from large multinational corporations and elite accounting firms, the AASB is dominated by stakeholder groups with what are described as “corefinancial” and “partial-financial” interests. This financial milieu may offer cosy deals for the key stakeholders, but does little in the way of civic responsibilities and accounting service for the wider public. 2006 Journal Article http://hdl.handle.net/20.500.11937/14676 10.1111/j.1835-2561.2006.tb00329.x CPA restricted |
| spellingShingle | Brown, Alistair The financial milieu of the IASB and AASB |
| title | The financial milieu of the IASB and AASB |
| title_full | The financial milieu of the IASB and AASB |
| title_fullStr | The financial milieu of the IASB and AASB |
| title_full_unstemmed | The financial milieu of the IASB and AASB |
| title_short | The financial milieu of the IASB and AASB |
| title_sort | financial milieu of the iasb and aasb |
| url | http://hdl.handle.net/20.500.11937/14676 |