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References (2)
-
C. Nobes (1983)
A JUDGEMENTAL INTERNATIONAL CLASSIFICATION OF FINANCIAL REPORTING PRACTICESJournal of Business Finance & Accounting, 10
-
S. Gray (1988)
Towards a Theory of Cultural Influence on the Development of Accounting Systems InternationallyAbacus, 24
- Publisher
- Wiley
- Copyright
- Copyright © 1990 Wiley Subscription Services, Inc., A Wiley Company
- ISSN
- 0954-1314
- eISSN
- 1467-646X
- DOI
- 10.1111/j.1467-646X.1990.tb00082.x
- Publisher site
- See Article on Publisher Site
Abstract
The purpose of this paper is to explore the extent to which there are systematic differences between UK and US accounting principles likely to give rise to significant quantitative differences in earnings and assessments of comparative corporate performance. The results of the empirical analysis provide evidence of a systematically more conservative bias in earnings measurement under US accounting principles. The most frequently occurring differences were found to be those dealing with amortisation of goodwill and with provision for deferred taxation. However, the dominant effect on earnings was accounted for by the different treatment of goodwill.
Journal
Journal of International Financial Management & Accounting – Wiley
Published: Jun 1, 1990