Five teams of academics from different parts of the world have presented their accounting research projects to members and technical staff of the International Accounting Standards Board (Board) to receive comments on how their research can best be tailored to meet the needs of the Board.
The research projects are independent but are all directly relevant to projects on the Board’s work plan. The projects have received grants through a research programme that is designed to help inform the standard-setter and administered by the International Association for Accounting Education & Research (IAAER).
The initial presentation of the research projects was the first of three discussions between academics, practitioners and the Board taking place as the projects develop. The next meeting of the researchers with Board members and technical staff will take place in Florida, United States of America, in January 2019.
The five projects are:
|Title||Researchers||Related projects / IFRS Standards|
|The Adoption of the Expanded Audit Report and the Relevance of IFRS Risk Disclosures: Evidence from Syndicated Loan Contracting
||Yasemin (Zengin) Karaibrahimoglu and Vlad-Andrei Porumb (both from University of Groningen)
||Disclosure Initiative—Principles of Disclosure|
|Elimination of Accounting Choices and the Comparability of Financial Statements: The Adoption of IFRS 11 Joint Arrangements
||Raquel Wille Sarquis, Ariovaldo dos Santos and Guillermo Oscar Braunbeck (all from Sao Paulo University) and Isabel Maria Estima Costa Lourenço (Lisbon University Institute)
||Forthcoming Post-Implementation Review of IFRS 11 Joint Arrangements|
|Comparability v. Flexibility in Alternative Performance Measures: Views of Preparers, Auditors and Analysts
||Denise Jones, Christopher McCoy and Kimberley Smith (all from College of William and Mary)
||Primary Financial Statements
|Visibility and Decommissioning Disclosure Quality Under IFRS
||Mari Paananen, Emmeli Runesson and Niousha Samani (all from Göteborgs Universitet)||Disclosure Initiative—Principles of Disclosure
|An Investigation of Accounting Measurement as a Function of Intent, and Intent as a Function of Accounting Measurement
||Leslie Hodder (Indiana University), Patrick E. Hopkins, (Indiana University) and Amy Sheneman (Ohio State University)
||Primary Financial Statements|
The current set of research projects is the sixth round of funding provided to independent academic research teams through IAAER and sponsored by KPMG to help inform the Board’s work.
The involvement with this research programme is one of many ways the Board engages with the academic community to help ensure its standard-setting is evidence-based. Further information on how the Board liaises with academia can be found here.