This study examines the implications of globalization of financial reporting standards, focusing on issues related to the adoption of International Financial Reporting Standards (IFRS) in Germany. The thesis questions the simplistic assumption used to promote international convergence of financial reporting standards that the worldwide adoption of IFRS will automatically lead to comparability in financial reporting. It argues that unique social, political, economic, and cultural environments in countries are likely to undermine the consistent interpretation and application of IFRS by companies across countries. The thesis shows that language may also be acting as a constraint in achieving the objectives of accounting convergence.
Table of Contents1. Overview of the thesis -- 2. Paper 1 "Contextual issues of the convergence of International Financial Reporting Standards: The case of Germany" -- 3. Paper 2 "Linguistic relativity of accounting and global convergence of financial reporting standards" -- 4. Paper 3 "Adoption of International Financial Reporting Standards in Germany: a case of "lost" In translation?" -- 5. Paper 4 "Realities of globalization of financial reporting standards: evidence from accounting modernization in Germany" -- 6. Conclusions.
Bibliography: p. 152-169
Awarding InstitutionMacquarie University
Degree TypeThesis PhD
DegreeThesis (PhD) , Macquarie University, Faculty of Business and Economics, Dept. of Accounting and Governance
Department, Centre or SchoolDept. of Accounting and Governance.
Year of Award2011
Principal SupervisorHector Perera
Additional Supervisor 1Chris Patel
RightsCopyright Andreas Hellmann 2011
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Extentxiv, 170 p