PERSPECTIVES OF DIFFERENT STAKEHOLDER GROUPS ABOUT THE ALIGNMENT OF IFRS FOR SMES WITH IFRS STANDARD

Alexandra-Gabriela Marina
Additional contact information
Alexandra-Gabriela Marina: Babes-Bolyai University, Cluj-Napoca, Romania and Lucian Blaga University of Sibiu, Romania

Studies in Business and Economics, 2021, vol. 16, issue 3, 109-122

Abstract: This research presents the findings of a content analysis of comment letters submitted to the International Accounting Standards Board in response to the second Comprehensive Review of the IFRS for SMEs. It is being investigated whether the parties' interest has increased since the first Request for Information was issued, whether the respondents are in agreement with the IASB regarding the alignment of IFRS for SMEs to full IFRS Standards, and what their arguments are in order to gain further insight into this review process. The study is based on comment letters sent directly to the IASB between January and October 2020. The analysis revealed that the main stakeholder groups that contributed were Professional organizations, Accounting Regulation Bodies and Accounting, audit and consultant firms, the same groups that also had a high response rate to the first request for information. Regarding the jurisdictions, there was a high interest from Europe but also from the countries that have already adopted the standard in South America.

Keywords: IFRS; IFRS for SMEs; comment letters; content analysis; legitimacy (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://magazines.ulbsibiu.ro/eccsf/RePEc/blg/journl/16308marina.pdf (application/pdf)

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:blg:journl:v:16:y:2021:i:3:p:109-122

Access Statistics for this article

More articles in Studies in Business and Economics from Lucian Blaga University of Sibiu, Faculty of Economic Sciences Lucian Blaga University of Sibiu, Faculty of Economic Sciences Dumbravii Avenue, No 17, postal code 550324, Sibiu, Romania. Contact information at EDIRC.
Bibliographic data for series maintained by Mihaela Herciu ().