Inflection points in the development of IAS 38
Abstract
Purpose
This paper aims to identify the main inflexion points recorded into development of international accounting standards, case of IAS 38.
Design/methodology/approach
The paper takes the form of a conceptual discussion and graphical analysis. The main research method consisted of identifying reference moments, known as inflection points, in the evolution of accounting rules issued by the International Accounting Standards Board and formulating a general framework of testing inflection points’ theory in the development of IAS 38.
Findings
The paper highlights the reference moments recorded in the evolution of IAS 38 through the creation of inflexion points’ theory in the field of accounting regulations.
Originality/value
According to the authors’ knowledge, this is an original study whose results have implications into accounting regulations field, as in this area, such a theory has not been applied.
Keywords
Acknowledgements
This work was possible with the financial support of the Sectoral Operational Programme for Human Resources Development 2007-2013, co-financed by the European Social Fund, under the project number POSDRU/107/1.5/S/76841 with the title, “Modern Doctoral Studies: Internationalization and Interdisciplinarity”.
Citation
Maria Ienciu, N. and Matiş, D. (2014), "Inflection points in the development of IAS 38", Journal of Financial Reporting and Accounting, Vol. 12 No. 1, pp. 62-75. https://doi.org/10.1108/JFRA-04-2012-0014
Publisher
:Emerald Group Publishing Limited
Copyright © 2014, Emerald Group Publishing Limited