ǂThe ǂevolution of financial standards for small and medium-sized entities

Mateja Jerman (Avtor), Gordana Ivankovič (Avtor)

Povzetek

According to the growing need for more comparable accounting standards, the beginnings of International Financial Reporting Standards for small and medium sized entities (IFRS for SMEs) can be found in the year 2004. IFRS for SMEs represents for the first time an accounting standard for small and medium-sized companies that can be used globally. The paper aims to examine the historical development of IFRS, the principal institutions linked to their adoption and the harmonization process of standards within the European Union. The main contribution of the paper refers to the evolution of IFRS for SMEs and the main differences between the full IFRS in use and the IFRS for SMEs. The results of the comparative analysis demonstrate that several differences exist between them. Although the aim of the new standard is to assure comparable financial statements for small and medium-sized entities, the presented disadvantages demonstrate that not necessarily its implementation will assure more benefits than the cost that will occur.

Ključne besede

finančno poročanje;računovodstvo;standardi;mednarodni računovodski standardi;mala podjetja;srednje velika podjetja;financial reporting;accounting;standards;IFRS;small and medium-sized companies;

Podatki

Jezik:	Angleški jezik
Leto izida:	2011
Tipologija:	1.01 - Izvirni znanstveni članek
Organizacija:	UP FM - Fakulteta za management
UDK:	657.3:006
COBISS:	4214487
ISSN:	0379-7864
Št. ogledov:	3081
Št. prenosov:	75
Ocena:	0 (0 glasov)
Metapodatki:

Ostali podatki

Sekundarni jezik:	Neznan jezik
Sekundarne ključne besede:	financial reporting;accounting;standards;IFRS;small and medium-sized companies;
Vrsta dela (COBISS):	Delo ni kategorizirano
Strani:	Str. 13-24
Letnik:	ǂTom.ǂ 58
Čas izdaje:	2011
Ključne besede (UDK):	applied sciences;medicine;technology;uporabne znanosti;medicina;tehnika;communication and transport industries;accountancy;business management;public relations;komunikacije in transport;knjigovodstvo;poslovni menedžment;stiki z javnostjo;accountancy;računovodstvo;science and knowledge;organization;computer science;information;documentation;librarianship;institutions;publications;znanost in znanje;organizacije;informacije;dokumentacija;bibliotekarstvo;institucije;publikacije;prolegomena;fundamentals of knowledge and culture;propaedeutics;prolegomena;splošne osnove znanosti in kulture;standardization of products;operations;weights;measures and time;standardizacija proizvodov;postopkov;uteži;mer in časa;
ID:	1492288