Questions from International Accounting


Q: ‘The influence of tax on financial reporting cannot be relevant in

‘The influence of tax on financial reporting cannot be relevant in the context of IFRS consolidated statements.’ Discuss.

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Q: To what extent has the scope for different practice under IFRS declined

To what extent has the scope for different practice under IFRS declined over the past decade?

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Q: ‘The most important influence on US accounting has been and remains

‘The most important influence on US accounting has been and remains the SEC.’ Discuss.

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Q: As pointed out in this chapter, the United States and the

As pointed out in this chapter, the United States and the United Kingdom are reasonably similar with respect to the causes and nature of differences of financial reporting. Identify and discuss factor...

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Q: Would you describe the differences between IFRS and US GAAP as ‘

Would you describe the differences between IFRS and US GAAP as ‘major’? Will it be easy for the standard-setters to remove these differences?

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Q: Which US accounting practices seem out of line with those of many

Which US accounting practices seem out of line with those of many other countries? What explanations are there for this?

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Q: Discuss the causes of differences in financial reporting and its regulation (

Discuss the causes of differences in financial reporting and its regulation (giving relevant examples of the effects) between your own country and the United States.

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Q: Is there a connection between the amount of political lobbying in a

Is there a connection between the amount of political lobbying in a country and the degree of independence of the standard-setter from (a) government departments and (b) the accountancy profession?

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Q: Why are there more accountants per head of population in New Zealand

Why are there more accountants per head of population in New Zealand than in France?

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Q: Discuss the role of a conceptual framework as a defense against political

Discuss the role of a conceptual framework as a defense against political lobbying.

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