Title Reglas versus principios contables, ¿son modelos incompatibles?
Authors MOLINA SÁNCHEZ, HORACIO, Pereda J.T., MOLINA SÁNCHEZ, HORACIO
External publication No
Means Revista Espanola Financiacion Contabilidad
Scope Article
Nature Científica
SJR Quartile 3
SJR Impact 0.17600
Area International
Web https://www.scopus.com/inward/record.uri?eid=2-s2.0-78449308528&doi=10.1080%2f02102412.2010.10779682&partnerID=40&md5=4012442f34d961a1f1f4c5ff16cccff3
Publication date 01/01/2010
Scopus Id 2-s2.0-78449308528
DOI 10.1080/02102412.2010.10779682
Abstract The election of the accounting regulation model (a principle-based model or an objectivebased instead of a rules-based model) is one of the issues that is tackled in the international accounting harmmonization process because FASB's model is rule-based but IASB's model is principle-based. Empirical evidence from this paper shows that a concrete accounting regulation improves the logical consistency and fills up the lacks of regulation, having a lower influence for supporting the estimations. Between the reasons for supporting a principle-based or a rule-based attitude we find the search for legal certainty. Copyright ©2001 Asociación Española de Contabilidad y Administración de Empresas.
Keywords Accounting principles; Accounting regulation; True and fair view
Universidad Loyola members