as well as the re-commitment to develop better standards for dealing with
financial instruments, make the founding year of the IASB, 2001, an ideal starting
point for the analysis. The first document was issued in 2002 and as a consequence,
the time period spans from 2002 until the time of data collection, November 2012. In
this time, 92 jurisdictions have adopted IFRS as the required standards for all
domestic listed companies and a further 36 jurisdictions permit or require the use of
IFRS for some companies (Deloitte IAS Plus 2014). The selected time period
therefore represents a time of heightened importance of IFRS which is likely to induce
visible lobbying efforts and enable empirical analysis of constituent influence.
as well as the re-commitment to develop better standards for dealing withfinancial instruments, make the founding year of the IASB, 2001, an ideal startingpoint for the analysis. The first document was issued in 2002 and as a consequence,the time period spans from 2002 until the time of data collection, November 2012. Inthis time, 92 jurisdictions have adopted IFRS as the required standards for alldomestic listed companies and a further 36 jurisdictions permit or require the use ofIFRS for some companies (Deloitte IAS Plus 2014). The selected time periodtherefore represents a time of heightened importance of IFRS which is likely to inducevisible lobbying efforts and enable empirical analysis of constituent influence.
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