measuring international accounting harmonization
ACC 808 Measuring International Accounting Harmonisation.
Imad Alsuwaih
University of Newcastle upon Tyne
Department of Accounting and Finance
International Financial Analysis
Measuring International Accounting Harmonisation between Large Companies from France, Germany and the UK
Supervised by Dr Simon Pallet
Prepared by Imad Alsuwaih
September 2002
Page 1 of 82
ACC 808 Measuring International Accounting Harmonisation.
Imad Alsuwaih
Acknowledgment
I am most grateful to all those who have supported me during my research and provided assistance to allow me to complete my course.
Special thanks to:
Simon Pallet
(Newcastle University-UK)
Don Hermann (Oregon State University-USA)
Wayne Thomas (Oregon State University-USA)
Ian Dobbs
(Newcastle University-UK)
And my dear parents in Tripoli-Libya
From: Imad Alsuwaih
Newcastle upon Tyne
6 September 2002
Page 2 of 82
ACC 808 Measuring International Accounting Harmonisation.
Imad Alsuwaih
Abstract
The measurement of harmonisation is dependent upon, and therefore affected by, the importance of accounting and various international attitudes towards harmonised accounting. Through the analysis of various areas of harmonisation this study aims to measure harmonisation between large companies located in France, Germany and the
UK.
The methodology adopted in this study has previously been used by several authors, such as, Emenyonu and Gray (1992) and Hermann and Thomas (1995). However, a more diverse range of accounting practices has been used to measure accounting harmonisation for the purposes of this study. These practices have been sub-divided into those regulated by the Fourth European Directive and those not regulated by the
Directive.
Within this study a comparison of my results to those of EG’s enables the process of harmonisation in the context of common practices between the two studies to be measured. Results of the current study indicate a
Imad Alsuwaih
University of Newcastle upon Tyne
Department of Accounting and Finance
International Financial Analysis
Measuring International Accounting Harmonisation between Large Companies from France, Germany and the UK
Supervised by Dr Simon Pallet
Prepared by Imad Alsuwaih
September 2002
Page 1 of 82
ACC 808 Measuring International Accounting Harmonisation.
Imad Alsuwaih
Acknowledgment
I am most grateful to all those who have supported me during my research and provided assistance to allow me to complete my course.
Special thanks to:
Simon Pallet
(Newcastle University-UK)
Don Hermann (Oregon State University-USA)
Wayne Thomas (Oregon State University-USA)
Ian Dobbs
(Newcastle University-UK)
And my dear parents in Tripoli-Libya
From: Imad Alsuwaih
Newcastle upon Tyne
6 September 2002
Page 2 of 82
ACC 808 Measuring International Accounting Harmonisation.
Imad Alsuwaih
Abstract
The measurement of harmonisation is dependent upon, and therefore affected by, the importance of accounting and various international attitudes towards harmonised accounting. Through the analysis of various areas of harmonisation this study aims to measure harmonisation between large companies located in France, Germany and the
UK.
The methodology adopted in this study has previously been used by several authors, such as, Emenyonu and Gray (1992) and Hermann and Thomas (1995). However, a more diverse range of accounting practices has been used to measure accounting harmonisation for the purposes of this study. These practices have been sub-divided into those regulated by the Fourth European Directive and those not regulated by the
Directive.
Within this study a comparison of my results to those of EG’s enables the process of harmonisation in the context of common practices between the two studies to be measured. Results of the current study indicate a