Discussion of ‘Multi-mode standardisation and comparability: Norway’s failed attempt to adopt the IFRS for SMEs’

IF 2 4区管理学 Q2 BUSINESS, FINANCE

Accounting and Business Research Pub Date : 2022-03-09 DOI:10.1080/00014788.2021.2017555

Frank Thinggaard

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Abstract

Alon, Haaland, and Røsok (AHR) (2021) conduct a case study of Norway’s failed attempt to introduce IFRS-SME (with some national adjustments) as the new standard for financial reporting for the large and diverse group of unlisted companies and for listed companies’ individual financial statements. They apply the temporal bracketing strategy to divide the stream of events related to the standardisation attempt into a sequence of shorter episodes. The sequence begins with the issuance of the EU Directive 2013/34 in June 2013, and ends in December 2018 with the Ministry of Finance’s update of ‘simplified IFRS’, which is one of three sets of reporting regimes available to Norwegian private companies and listed companies in their individual financial statements. The other two regimes are Norwegian GAAP and full IFRS. Norwegian GAAP are based on the Norwegian Accounting Act, which on the one hand complies with the provisions of the EU Accounting Directive, and on the other hand draws on a number of sources such as International Accounting Standards, UK GAAP and US GAAP and has an income statement (matching) orientation, rather than a balance sheet orientation (Kvaal 2017). For many years, the rules in the Accounting Act were completed by accounting standards issued by the unofficial Norwegian standard-setter NASB. Thus, the Norwegian legal framework for financial reporting is complex, it provides companies with several options, the available regimes are based on different conceptual frameworks, and many different parties are involved (the EU, the Government, the IASB, the NASB, and the preparers/auditors). In 2014 the Government appointed an expert group with the mandate of suggesting a revision of the Norwegian legal framework for financial reporting. The Government did not mention the need to adopt international standards, but in 2015 the expert group presented a report in which it advocated an accounting regulation based on IFRS for SMEs. The NASB made parallel efforts to introduce IFRS for SMEs as the basis for Norwegian financial reporting. However, in 2017 the

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关于“多模式标准化与可比性:挪威采用中小型企业国际财务报告准则的失败尝试”的讨论

Alon、Haaland和Røsok (AHR)(2021)对挪威未能将IFRS-SME(进行了一些国家调整)作为庞大而多样化的非上市公司集团和上市公司个别财务报表的财务报告新标准进行了案例研究。他们运用时间括号策略将与标准化尝试相关的事件流划分为一系列较短的情节。该顺序从2013年6月欧盟指令2013/34的发布开始，到2018年12月财政部更新“简化国际财务报告准则”结束，该准则是挪威私营公司和上市公司在其个人财务报表中可用的三套报告制度之一。另外两种制度是挪威公认会计准则和完整的国际财务报告准则。挪威公认会计准则以《挪威会计法》为基础，一方面符合欧盟会计指令的规定，另一方面借鉴了国际会计准则、英国公认会计准则和美国公认会计准则等多种来源，并以损益表(匹配)为导向，而不是以资产负债表为导向(Kvaal 2017)。多年来，《会计法》中的规则是由挪威非官方标准制定者国家会计准则委员会(NASB)发布的会计准则完成的。因此，挪威财务报告的法律框架是复杂的，它为公司提供了几种选择，可用的制度基于不同的概念框架，并且涉及许多不同的各方(欧盟、政府、国际会计准则理事会(IASB)、国家会计准则理事会(NASB)和编制人/审计员)。2014年，政府任命了一个专家组，其任务是建议修订挪威财务报告的法律框架。政府没有提到采用国际标准的必要性，但在2015年，专家组提交了一份报告，其中提倡基于中小企业国际财务报告准则的会计监管。美国国家会计准则委员会也作出了类似的努力，将《中小型企业国际财务报告准则》作为挪威财务报告的基础。然而，在2017年

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来源期刊

Accounting and Business Research BUSINESS, FINANCE-

CiteScore

3.40

自引率

11.80%

发文量

期刊介绍： Accounting and Business Research publishes papers containing a substantial and original contribution to knowledge. Papers may cover any area of accounting, broadly defined and including corporate governance, auditing and taxation. However the focus must be accounting, rather than (corporate) finance or general management. Authors may take a theoretical or an empirical approach, using either quantitative or qualitative methods. They may aim to contribute to developing and understanding the role of accounting in business. Papers should be rigorous but also written in a way that makes them intelligible to a wide range of academics and, where appropriate, practitioners.