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ACCOUNTING AND CULTURAL DIMENSIONS IN EUROPE AND CIS COUNTRIES REGARDING THE ADOPTION OF IFRS FOR SMEs

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  • Alexandra-Gabriela Marina

    (Babe-Bolyai Univerity)

Abstract

This paper assess the impact of cultural dimensions on accounting in Europe and CIS countries regarding the implementation process of IFRS for SMEs. The means chosen to achieve this purpose is to identify the cultural characteristics of the selected countries using two basic typologies of cultural values models: Hofstede's model (1980, 2010) and Gray's framework (1988). For the study were selected twelve European and CIS countries: Bosnia and Herzegovina, Bulgaria, Croatia, Estonia, Iceland, Lithuania, Kazakstan, Malta, Romania, Serbia, Slovenia and Ukraine. Each jurisdiction was analyzed for Hofstede's cultural dimensions and a similar accounting profile based on Gray's framework. Profiles for each country was examined in contrast to an independent IFRS for SMEs favourable profile recommended.

Suggested Citation

  • Alexandra-Gabriela Marina, 2019. "ACCOUNTING AND CULTURAL DIMENSIONS IN EUROPE AND CIS COUNTRIES REGARDING THE ADOPTION OF IFRS FOR SMEs," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(21), pages 1-2.
    • Handle: RePEc:alu:journl:v:2:y:2019:i:21:p:2
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    References listed on IDEAS

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    2. Cătălina Florentina PRICOPE, 2016. "The role of institutional pressures in developing countries. Implications for IFRS," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(2(607), S), pages 27-40, Summer.
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    5. Zehri, Fatma & Chouaibi, Jamel, 2013. "Adoption determinants of the International Accounting Standards IAS/IFRS by the developing countries," Journal of Economics, Finance and Administrative Science, Universidad ESAN, vol. 18(35), pages 57-62.
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    Cited by:

    1. MARINA Alexandra Gabriela, 2019. "Ifrs For Smes: Cultural Dimensions On Accounting In Central And Eastern Europe Countries," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 71(4), pages 72-85, December.

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    More about this item

    Keywords

    IFRS; IFRS for SMEs; cultural dimensions; accounting values;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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