TY  - JOUR
AB  - Purpose– The purpose of this study is to examine the extent of disclosure harmonization in selected accounting disclosure practices in three South Asian countries, namely, India, Pakistan and Bangladesh.Design/methodology/approach– The study is based on a sample of 566 non‐financial companies for the financial year 1998. A total of 91 disclosure items were selected from 13 common IAS‐based accounting standards. The I index and chi‐square statistics are used to measure the degree of disclosure harmonization.Findings– The values of the I index show a relatively higher degree of disclosure harmonization in the areas of inventories, cash flow statements, consolidated financial statements, investment in subsidiaries, and borrowing costs. A lower level of harmonization is observed in the areas of taxes on income, leases, retirement benefit costs, and investments.Originality/value– These finding have implications for the national standard setters and regulators as well as the International Accounting Standards Board (IASB) and the South Asian Federation of Accountants (SAFA). These bodies may work together for the improvement of comparability of financial reporting in the region.
VL  - 14
IS  - 1/2
SN  - 1321-7348
DO  - 10.1108/13217340610729527
UR  - https://doi.org/10.1108/13217340610729527
AU  - Jahangir Ali Muhammad
PY  - 2006
Y1  - 2006/01/01
TI  - Disclosure harmonization of accounting practices: the case for South Asia
T2  - Asian Review of Accounting
PB  - Emerald Group Publishing Limited
SP  - 168
EP  - 186
Y2  - 2024/05/12
ER  -