above the technical nature of GAAPGFS harmonisation limited the interest of the

Above the technical nature of gaapgfs harmonisation

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above, the technical nature of GAAP/GFS harmonisation limited the interest of the wider public. Communication did, however, play a role in the lobbying of the emerging epistemic and wider policy community within the policy stream. Coordination considers when, where and with whom these substantive aspects were discussed, both formally and informally. Coordination also includes the inclusion or exclusion of relevant constituents and information from the agenda setting process. 59 The Auditor- General from 1995 to 2005 was Patrick Barrett AO. “His academic background is in Accounting, Economics and Public Administration at the Queensland and Stanford Universities” (ICAA 2013).
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212 Traditionally, coordination occurs predominantly within the epistemic community and the wider policy community. In the case of the GAAP/GFS harmonisation agenda setting process, however, it was found that coordination also extended to the political stream. Political actors were identified by the PEs as powerful actors and were successfully lobbied to influence the FRC. As a result, both coordination and the communication of GAAP/GFS harmonisation are considered for both the policy as well as the political streams. A chronology of lobbying events and the arguments that were used by the PEs is shown in Appendix 9. Because the epistemic community began as part of the GAAP/GFS harmonisation agenda setting process, there is a strong overlap with the coordinated and communicative lobbying process of the PEs. The difference of whether actors are classified as members of the epistemic communities or more general supporters of the project is based on the characteristics identified by Haas (1992) and was rephrased into the following questions in section 4.6.2 of this thesis: What were the shared causal and normative beliefs of the epistemic community? What were their shared notions of validity? What was their common policy enterprise? What do the findings from the GAAP/GFS harmonisation agenda setting project mean for the inclusion of the concept of the epistemic community in the DASF? As presented in Chapter 7, prior to the GAAP/GFS harmonisation program, GAAP and GFS reporting were seen as two different reporting systems with different objectives. It is argued here, that a new epistemic community was created based on a shared belief that governmental accounting needed and could be improved through a GAAP/GFS
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213 harmonised framework that would serve the purposes of microeconomic and macroeconomic financial reporting. Based on the criteria elaborated above, the epistemic community of the GAAP/GFS harmonisation agenda setting process comprised representatives and specific members of the following organisations: Australian Treasury and Finance Departments; the Australian Bureau of Statistics (ABS); Auditors-General and the Australasian Council of Auditors-General (ACAG); and political actors, including the Joint Committee of Public Accounts and Audit (JCPAA) and the Senate Public Finance and Accounts Committee (SPFALC).
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  • Fall '13
  • Government, The Land, International Financial Reporting Standards, Financial Accounting Standards Board, Australian Accounting Standards Board, Snow

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