International Accounting Standards Board: IASB IASB 2010b IASB International Financial Reporting Standards: IFRS IFRS IFRS Tweedie 2007, p. 7 consistency AAAFASC 2011, p. 20
IFRS Business Model IASB 2010b, Purpose and status, a and b IASB IFRS IFRS IFRS IASB IFRS IFRS Principles-Based Standard Tweedie 2007 Tweedie 2007, p. 7 tree-like structure anti-abuse provision IFRS
IASB 2010b, pars. BC 3.5 3.6 IASB 2010b, par. QC 4 IASB 2010b, par. QC 18
IASB IFRS IFRS IFRS 9 IFRS 9, par. BC 8 IAS IAS 39 IASB 2003a IAS 39 IFRS 9 IFRS 9, par. BC 9 IFRS 9, par. 4.1 IFRS 9, par. 4.2 IFRS 9, par. 4.4
IAS IFRS 9, par. B 4.1 IFRS 9, par. B 4.2 11 IAS IAS 12 IASB 2010d IAS 12, par. 51
IAS 12, par. BC 8 IAS IAS 40 IASB 2010c IAS 40 IAS 12, par. BC 9 IAS 12 IAS 40 IAS 12, par. 51C IAS 12 IFRS 9 IAS 12, par. BC 2.3 IAS IAS17 IASB 2003b bright-line IASB 2010a, INTRODUCTION AND INVITATION TO COMMENT, Why are the IASB and the FASB publishing this exposure draft?
IASB 2010a ED IASB 2010a, par. BC 5 IASB 2010a, par. BC 6 a IASB 2009a IASB 2009a, par. 10.6 ED IASB 2010a, par. BC 25 IASB 2010a, par. BC 27
IASB 2010a, par. 29 ED ED ED IASB 2011a, pp. 3 4 IASB 2011c, p. 14
receivable and residual accounting approach IASB 2011d, p. 2 reasonably assured
ED IFRS 9 ED IFRS 9 IFRS 9
IAS 12 IFRS 9 ED a ED IFRS IFRS 9 ED ED
International Accounting Standards IAS: IFRS IFRS IFRS IFRS IFRS IFRS IFRS IASB IFRS AAAFASC 2003 Schipper 2003 Nobes 2005, pp. 29 30 IAS IASB 2003a Nobes 2005, pp. 27 28 IAS IASB 2003b par. 8 the principle of substance over form a IASB IFRS IFRS
IFRS 9, par. B 4.2 ED local global AAAFASC 2011, pp. 19 20 IASB / FASB 2011c, pp. 18 25 IASB 2010b, par. QC 25 IASB 2010b, par. QC 23 AAAFASC 2011, p. 20 American Accounting Association s Financial Accounting Standards Committee AAAFASC 2003, Evaluating Concepts-Based vs. Rules-Based Approaches to Standard Setting, Accounting Horizons, Vol. 17, No. 1, March 2003, pp. 73 89. American Accounting Association s Financial Accounting Standards Committee AAAFASC 2009, Alternative Conceptual Frameworks for Financial Reporting, Social Science Research Network http:// www.ssrn.com /, July 2009. American Accounting Association s Financial Accounting Standards Committee AAAFASC 2010, A Framework for Financial Reporting Standards: Issues and a Suggested Model, Accounting Horizons, Vol. 24, No. 3, September 2010, pp. 471 485. American Accounting Association s Financial Accounting Standards Committee AAAFASC 2011, Conceptual Issues in Financial Reporting, Social Science Research Network http:// www.ssrn. com /, May 2011. FASB 2004, On the Road to an Objectives-Oriented Accounting System, The FASB Report, August 31, 2004. IASB 2003a, IAS No. 39, Financial Instruments: Recognition and Measurement, April 2001. IASB 2003b, IAS No. 17, Lease, December 2003. IASB 2009a, Discussion Paper, Leases Preliminary Views, March 2009. IASB 2009b, IFRS No. 9, Financial Instruments, November 2009. IASB 2010a, Exposure Draft, Lease, August 2010. IASB 2010b, The Conceptual Framework for Financial Reporting, September 2010.
IASB 2010c, IAS No. 40, Investment Property, October 2010. IASB 2010d, IAS No. 12, Income Taxes, December 2010. IASB 2011a, IASB UPDATE, May 2011. IASB 2011b, IASB UPDATE, July 2011. IASB / FASB 2011c, Staff Paper, IASB / FASB Meeting Week Commencing July 18 2011, IASB http:// www.ifrs.org / Meetings / IASB+Meeting+July+2011.htm, 2011. IASB / FASB 2011d, Staff Paper, IASB / FASB Meeting Week Commencing October 17 2011, IASB http:// www.ifrs.org / Meetings / IASB+FASB+Meeting+October+2011.htm, 2011. IFRS IFRS Nobes, Christopher W. 2005, Rules-Based Standards and the Lack of Principles in Accounting, Accounting Horizons, Vol. 19, No. 1, March 2005, pp. 25 34. Schipper, Katherine 2003, Principles-Based Accounting Standards, Accounting Horizons, Vol. 17, No. 1, March 2003, pp. 61 72. Sunder, Shyam 2009, IFRS and the Accounting Consensus, Accounting Horizons, Vol. 23, No. 1, March 2009, pp. 101 111. The Institute of Chartered Accountants in England and Wales Financial Reporting Faculty 2010, Business Models in Accounting: The Theory of The Firms and Financial Reporting, ICAEW. Tweedie, David 2007, Can Global Standards Be Principle Based?, The Journal of Applied Research in Accounting and Finance, Vol. 2, Issue. 1, 2007, pp. 3 8. a IFRS b IFRS ASBJ SEC IMES Discussion Paper Series No. 2011-J-19 IFRS IFRS IFRS