Leila SaberzadehEntstehungsweise und Rechtsverbindlichkeit internationaler Rechnungslegungsstandards als „Expertenrecht“ zwischen privater und staatlicher Normsetzung
Eine öffentlich-rechtliche Betrachtung im Vergleich IFRS und US-GAAP
Schriftenreihe zum internationalen Einheitsrecht und zur Rechtsvergleichung, volume 42
Hamburg 2014, 318 pages
ISBN 978-3-8300-7727-5 (print)
ISBN 978-3-339-07727-1 (eBook)
About this book deutschenglish
This thesis is a comparative study about the formation and the legal obligation of international accounting standards.
Those have a pre-eminence in today’s business world, because they allow enterprises who are operating international to create their annual financial statements at their different locations according to the same accounting standards. Current there are two kinds of standards applicable, the International Financial Reporting Standards (IFRS) and the United States Generally Principles (US-GAAP). Those are developed by non-governmental organizations. But certain enterprises are obligated to use those. These are the IFRS at the German respectively European market by the German and European legislator and the US-GAAP on the US-American market by the American legislator.
The thesis focuses on one hand on the analysis of the differences and the commonalities of both standard systems. It wants to give on the other hand an answer to following questions: Is the legislator in the process of the formation of those standards really without influence? Can he dictate the obligated use of those standards and are they because of that legally binding?