In The UK the accounting standard setting process in the UK has altered significantly since 1969 when the Accounting standards committee (ASC) was set up and later superseded by the Accounting Standards board (ASB). The ASB are now moving towards issuing Accounting Standards which comply with international standards, issued by the international Accounting Standards board. This 9 page paper examines who this has occurred, the pressures for change and the advantages and disadvantages of moving towards international accounting standards. The bibliography cites 8 sources.

This 14 page report discusses international accounting standards and the complexity of financial accounting in terms of multi-national corporations, the global market place. Modern accounting practice can be looked at as a multi-layered system of assumptions, doctrines, formulas, formalities, and much more. Accounting and auditing standards have historically been set by national bodies such as FASB and specialized regulatory agencies in countries all over the world. Each country virtually has its own set of standards. Now, the developing global economy and growth in cross-border financing are creating an environment that would benefit from greater harmonization of accounting standards at both the international and the national levels. Paper includes a one-page executive summary. Bibliography lists 10 sources.

This 8 page paper considers why international accounting standards are advantageous and looks at the attitude adopted by the International Accounting Standards Committee when implementing the standards. The paper gives examples of to support the view put forward. The bibliography cites 10 sources.

This 5 page paper answers questions concerning the way account takes place. The first looks at a case study to examine the way the practices fit in with the hierarchy of accounting qualities. The paper then considers the way in which accounting standards are set within the US and discusses whether the standards should be the same for all types of organization.

This 10 page paper looks at the benefits and difficulties for the adoption of international accounting standards where there is already a strong accounting regime in place. The paper discusses the way general changes may be needed and considers the reasons for international accounting standards. The bibliography cites 10 sources.