Naslov
Financial Reporting Harmonization - Measurement Models

Autori
Pocrnjić, Dijana ; Pervan, Ivica

Vrsta, podvrsta i kategorija rada
Sažeci sa skupova, sažetak, znanstveni

Izvornik
Proceedings of 5Th International Conference Recent researches in Applied Economics, Business and Management-Volume 1, / Lorca, Pedro ; Popescu, Catalin - Chania : WSEAS Press, 2013, 290-295

Skup
5Th International Conference Recent researches in Applied Economics, Business and Management

Mjesto i datum
Khania, Grčka, 27.08.2013. - 29.08.2013

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
globalization, de jure harmonization, de facto harmonization, measurement of financial reporting harmonization

Sažetak
- This paper analyses financial reporting harmonization, more precisely its development, effects of globalization on financial reporting harmonization and how financial reporting harmonization is measured. During last decades financial reporting faces major changes that affects many parties interested in financial reporting. Since 2005, all listed companies in the European Union have to apply the International Financial Reporting Standards to prepare their consolidated financial statements. Different measurement methods have been developed so far and they can be classified according to their similarities in three different measurement models: indices, measurement models based on the concept of Euclidean distances and association and correlation coefficients. The implementation of International Financial Reporting Standards around the world has not eliminated the need for further research in the field of financial reporting harmonization.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA