Australian Accounting Review · 2012 · 46 citations · 34 references
BusinessAccountancyAccountingAccounting TheoryFinancial AccountingInternational AccountingAccounting HarmonizationAccounting PrinciplesFinancial ReportingFinancial StatementsInternational Financial Reporting StandardsStandards ImplementationAccounting Standards AdoptionAccounting Standards ImplementationCompliance With Accounting StandardsInternational Financial Reporting Standards ApplicationInternational Financial Reporting Standards DisclosureNational Accounting StandardsNational Accounting SystemsTeacher Continuing Professional Development
This paper addresses challenges accounting educators face in their teaching following the adoption of International Financial Reporting Standards (IFRS). We use Australia as an example of a developed nation and 2005 adopter of IFRS, the United States as a potential adopter, and Romania as an emerging economy with a history of harmonisation and adoption initiatives. Accounting educators globally need to strengthen their engagement with the principles‐based approach to teaching IFRS. Teaching resources, educational research and Continuing Professional Development activities related to a principles‐based approach to teaching IFRS are necessary for educators to enrich the learning experience of students given the move from a rules‐based to a principles‐based set of accounting standards.
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Comparative International Accounting
Ana Zorio‐Grima · The International Journal of Accounting · 2003 · 728 citations
Principles-Based Accounting Standards
Katherine Schipper · Accounting Horizons · 2003 · 596 citations