The State of Accounting Convergence Among Large Public Companies Thesis Proposal

The State of Accounting Convergence Among Large Public Companies - Thesis scheme ExampleThe international standard-setting process began several decades ago as an effort by industrialized nations to create standards smaller nations unable to establish their own business relationship system standards. The regulators, investors, large companies and auditing firms began to realize the importance of having common standards in all areas of the financial reporting chain (International Financial Reporting Standards (IFRS) An AICPA Backgrounder n.d., p. 2). The union among the countries includes the European Nations (Larson & Street 2004) and chinaware (Qu & Zhang n.d). Many of the large public sector companies all over the world have been against the adoption of the new standard for a number of reasons. Till today, the particular reasons for the opposition and objection for the new accounting standard convergence are not clearly understood. The main idea of the dissertation is a theore tical invoice of the weighted resistant factors.The above research questions need to be addressed through an investigation. The researcher will conduct research by means of books review on accounting convergence. The literature will comprise of researches on the delay in accounting convergence. Hail, Leuz, and Wysocki (2009) identified transition costs as a major factor in the reluctance of U.S companies to move towards convergence. The literature will also include official explanations of what convergence is and why it is being implemented (AICPA, 2011 & 2010). No hypotheses are associated with the research question, as an exploratory Delphi method will be used to generate the factorized and weighted list. The Delphi method has been frequently used with experts in accounting and financial analysis, as a means of generating factorized lists of adopted reasons. (Alwert, Bornemann & Will 2009).The dissertation will be valuable for committees that are working towards promoting accoun ting convergence as