Achieving global convergence of financial reporting standards : implications from the South Pacific Region / by Parmod Chand, Chris Patel.

"This research monograph examines whether international financial reporting standards (IFRS) are interpreted and applied in a consistent manner within and across countries and questions the implicit assumption that accounting convergence will automatically lead to comparability in financial reporting. It considers both the de jure and de facto aspects of comparability in financial reporting in the South Pacific region. If in adopting IFRS countries make drastic amendments to IFRS, or if professional accountants across different countries are not able to interpret and apply these standards in a consistent manner, then comparability in financial will not result. Any meaningful research which assesses the merits of IFRS in any country or region will be particularly relevant and will have global implications. IFRS are lionized today as the most desirable set of accounting standards available for adoption, and this research monograph provides empirical evidence on the factors that act as constraints on achieving the objectives of convergence of financial reporting."--P [4] of cover.

Includes bibliographical references (pages 149-162).

Synopsis -- About the authors -- Acknowledgments -- Introduction -- International convergence of financial reporting standards:evidence from the south Pacific region -- A critique of the influence of globalists and convergence of accounting standards in Fiji -- Accounting judgment and decision-making research: evaluation of publications in top-tier accounting journals (1970-2010) -- Judgments based on interpretation of "new" and "complex" international financial reporting standards (IFRS) within a country: evidence from Fiji -- Cultural and non cultural factors affecting judgments of professional accountants: a comparative study of Australia and Fiji -- Implications and directions for future research.