Has the harmonisation of accounting practices improved? Evidence from South Asia

Kamran Ahmed and Muhammad Jahangir Ali

International Journal of Accounting & Information Management, 2015, vol. 23, issue 4, 327-348

Abstract: Purpose - – This paper aims to examine whether the level of harmonization of accounting measurement practices in three South Asian countries – Bangladesh, India and Pakistan – has improved since 1998 as a result of the changes, in recent years, globally in accounting measurement practices due to the substantial efforts of the International Accounting Standards Board (IASB). South Asian countries have taken a number of steps and made changes in accounting regulations to support the IASB’s harmonization programme. Design/methodology/approach - – In all, 370 non-financial companies for the financial years 1997-1998 and 2007-2008 were used, and consistent with Aliet al.(2006), Van der Tas’s (1988) I index and Archeret al.’s (1995) modified C index were used to measure the extent of harmonization. Findings - – It was found that the level of measurement harmonization has significantly improved over the years in selected South Asian countries. Originality/value - – The results suggest that the harmonization of accounting will most likely ensure a greater level of transparency and uniformity in corporate reporting practices (measurement) in South Asian countries and throughout the world as promoted by the IASB.

Keywords: South Asia; Harmonization of accounting methods; Regulatory changes (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (text/html)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (application/pdf)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eme:ijaimp:v:23:y:2015:i:4:p:327-348

DOI: 10.1108/IJAIM-12-2014-0082

Access Statistics for this article

International Journal of Accounting & Information Management is currently edited by Dr Xin (Robert) Luo and Professor Han Donker

More articles in International Journal of Accounting & Information Management from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().