How Does the IASB Use the Conceptual Framework in Developing IFRSs? An Examination of the Development of IFRS 16 Leases
aut.relation.journal | Journal of Financial Reporting | en_NZ |
aut.researcher | Kabir, Mohammad | |
dc.contributor.author | Kabir, M | en_NZ |
dc.contributor.author | Rahman, A | en_NZ |
dc.date.accessioned | 2019-05-07T03:02:58Z | |
dc.date.available | 2019-05-07T03:02:58Z | |
dc.date.copyright | 2018-08-24 | en_NZ |
dc.date.issued | 2018-08-24 | en_NZ |
dc.description.abstract | We examine how the International Accounting Standards Board (IASB) used the Conceptual Framework for Financial Reporting (Framework) in developing the new lease accounting standard International Financial Reporting Standard (IFRS) 16 Leases. We report three major findings in this paper. First, while the IASB used the Framework concepts to justify new lease accounting requirements, it also used an outside-the-Framework notion to justify a requirement. Second, accommodating constituents’ demands, it introduced rules in IFRS 16 to mitigate their concerns relating to high implementation costs. Third, there are instances where the IASB did not apply appropriate concepts to justify lease accounting requirements. These findings have implications for setting IFRSs. | en_NZ |
dc.identifier.citation | Journal of Financial Reporting, 3(1), 93-116. https://doi.org/10.2308/jfir-52232 | |
dc.identifier.doi | 10.2308/jfir-52232 | en_NZ |
dc.identifier.uri | https://hdl.handle.net/10292/12493 | |
dc.publisher | American Accounting Association | |
dc.relation.uri | https://aaajournals.org/doi/10.2308/jfir-52232 | en_NZ |
dc.rights | Copyright © Emerald Group Publishing Limited, 2018. Authors retain the right to place his/her pre-publication version of the work on a personal website or institutional repository for non commercial purposes. The definitive version was published in (see Citation). The original publication is available at www.emeraldinsight.com (see Publisher’s Version). | |
dc.rights.accessrights | OpenAccess | en_NZ |
dc.subject | Conceptual framework; Accounting standard setting; Accounting for leases; IFRS; Principles-based standards; Rules-based standards | |
dc.title | How Does the IASB Use the Conceptual Framework in Developing IFRSs? An Examination of the Development of IFRS 16 Leases | en_NZ |
dc.type | Journal Article | |
pubs.elements-id | 343490 | |
pubs.organisational-data | /AUT | |
pubs.organisational-data | /AUT/Business, Economics & Law | |
pubs.organisational-data | /AUT/Business, Economics & Law/Accounting | |
pubs.organisational-data | /AUT/Business, Economics & Law/Accounting/Accounting PBRF 2012 | |
pubs.organisational-data | /AUT/Faculty of Business, Economics and Law | |
pubs.organisational-data | /AUT/Faculty of Business, Economics and Law/Accounting | |
pubs.organisational-data | /AUT/PBRF | |
pubs.organisational-data | /AUT/PBRF Reviewers | |
pubs.organisational-data | /AUT/PBRF Reviewers/PBRF Reviewers - Business Economics and Law | |
pubs.organisational-data | /AUT/PBRF Reviewers/PBRF Reviewers - Business Economics and Law/Accounting Department - PBRF Reviewers | |
pubs.organisational-data | /AUT/PBRF/PBRF Business Economics and Law | |
pubs.organisational-data | /AUT/PBRF/PBRF Business Economics and Law/Accounting Department PBRF 2018 | |
pubs.organisational-data | /AUT/PBRF/PBRF Business Economics and Law/Faculty Review Team PBRF 2018 |
Files
Original bundle
1 - 1 of 1
Loading...
- Name:
- How does the IASB use the conceptual framework JFR accepted version.pdf
- Size:
- 375.85 KB
- Format:
- Adobe Portable Document Format
- Description:
- Journal article
License bundle
1 - 1 of 1
Loading...
- Name:
- AUT Grant of Licence for Tuwhera Aug 2018.pdf
- Size:
- 276.29 KB
- Format:
- Adobe Portable Document Format
- Description: