Work

Influence of Cultural Factors in Adoption of the IFRS for SMEs

Year: 2012

Type: article

Abstract: Considering that at international level, standards developed by the IASB are imposed irremediably and that IFRS for SMEs was built based on them, we think this accounting standard will always present a challenge for small entities. We believe that professional institutions are influenced in their opinions on the IFRS for SMEs by accounting culture of geographical space in which these institutions operate. In this paper we tried to demonstrate existence of the influence of accounting culture, using a study regarding IFRS for SMEs, conducted by the EU Commission in the Member States.

Source: Procedia Economics and Finance

DOI: 10.1016/s2212-5671(12)00197-9

Author: Ema Masca

Institution: Universitatea Petru Maior din Tîrgu Mureş

Language: English

Topic: Accounting Theory and Financial Reporting

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: diamond

OpenAlex ID: W1978952448

FWCI: 8.666

Cites: 6

Cited by: 31

Related to: 10