Systems for material harmonization measurement within the changing global accounting environment: a review

Abstract

As part of the continuously changing economic environment, accounting and accounting systems, be they national or international, can not remain indifferent to the regional and/or global economic manifestation. We can appreciate that the phenomena in the global economy have generated a propagation process of their effects in the accounting and financial reporting sphere, determining in this way the existence of a global accounting environment being in a permanent modification, changing and, evidently, development. Such a state, when lacking a movement control, generates significant amplitudes in the time line evolution of the analysed environment. The effort to attenuate or to control these amplitudes is known in the international accounting sphere as harmonization. From the perspective of international accounting literature, harmonization is that process according to which an increase in the amount of accounting practices compatibilities is persuaded through delimiting a certain degree of variation (Nobes and Parker 2006). Going further, an actual issue in the international accounting harmonization sphere is that of the quantification of the degree of comparability and/or compatibility between diverse selected accounting systems, especially from the perspective of the existent practices. In these conditions we can consider that the major objective of our study is that of introducing in the scientific knowledge sphere a new approach regarding the quantification systems of the degree of compatibility through diverse accounting systems, within the context of the existence of a global accounting environment, which is permanently moving, modifying and changing. The results from our analysis can be synthesized in the idea according to which the global accounting environment interacts and reacts to the manifestations of the phenomena taking place in the global economy sphere. It generate from itself attenuation mechanisms for the financial reporting disparities, maintaining between certain boundaries, considered as normal, the difference existent between the accounting regulations and practices characteristic to each national accounting system.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 11 citations exist upstream.

Papers that cite the same references — the relational fallback while embeddings are still backfilling.