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Unformatted text preview: and IAS where accounting issues are missing. Divergence is used to measure the differences between DAS and IAS where the rules of the same accounting issues differ. I feel that the reason there are so many differences is because factors, such as, the nature of the entity, the detailed transactions it enters into, its interpretation of the principles, its industry practices, and its accounting policy is not taken into consideration. With so many different business combinations, size of businesses, and the industry they do business in, it would be hard not to have some discrepancies. References Ding, Yuan, Hope, Ole-Kristian, Jeanjean, Thomas, & Stolowy, Herve. (2005, December 16). Differences between Domestic Accounting Standards and IAS: Measurement, Determinants and Implications. Retrieved from, http://www.hec.fr/var/fre/storage/original/application/06b0c86b1a0a2e5d2c5c11f12c073a 75.pdf...
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- Spring '11