Proposed Financial Statement Changes: Reactions To The FASB-IASB Discussion Paper

Main Article Content

Don E. Giacomino
Michael D. Akers

Keywords

IASB, FASB

Abstract

The purpose of this study was to obtain the opinions of future users of the financial statements: current undergraduate and graduate students in accounting and academia.  We found that the students show greater agreement with the proposed model than do the CPA’s.  In addition, we found that academia, as represented by the Financial Accounting Standards Committee of the American Accounting Association has a number of concerns regarding timing, user learning issues and impediments to learning, objectives and terminology and categorizing activities and assets and liabilities.

Downloads

Download data is not yet available.
Abstract 240 | PDF Downloads 122