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An unprecedented privatisation of mandatory standard-setting: The case of European accounting policy

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  • Chiapello, Eve
  • Medjad, Karim

Abstract

The EU-member States have long intended to harmonise their respective accounting rules in order to facilitate the comparison between European companies. This process was brutally accelerated by a 2002 regulation announcing that as of 2005, listed companies would be required to comply with the accounting standards enacted by the IASB (International Accounting Standards Board), a private body which, until then, had no public mandate.

Suggested Citation

  • Chiapello, Eve & Medjad, Karim, 2009. "An unprecedented privatisation of mandatory standard-setting: The case of European accounting policy," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 20(4), pages 448-468.
    • Handle: RePEc:eee:crpeac:v:20:y:2009:i:4:p:448-468
    DOI: 10.1016/j.cpa.2008.09.002
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    References listed on IDEAS

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