A study on the comparative analysis of the accounting standards in IAS, US GAAP, and Korean GAAP

• 발행기관: 국제관광산업학회
• 저자명: 목진원(Mok, Jinwon)·심영국(Shim Youngkuk)
• 간행물 정보: 『국제관광산업연구』제1권 제2호, 61~78쪽, 전체 18쪽
• 주제분류: 사회과학 > 관광학
• 파일형태: PDF
• 발행일자: 2008.11.30

영문 초록

This study is for the illustration trying to figure out the basic aims and differences between the International Accounting Standards (IAS), the United States Generally Accepted Accounting Principles (US GAAP) and the Korean Generally Accepted Accounting Principles (Korean GAAP). Many countries are in the process of making various changes to their accounting standard setting which may make them similar to the IAS position. However, some differences may continue to exist. The number of accounting user groups are interested in the financial information and especially the global investors require the common international accounting standard for making their investment decision in the global capital market even if there are the different political and economic environment, and culture. The 110 countries around the world have adopted International Financial Reporting Standards (IFRS) and it is expected that the number of countries increase to 150 by 2011. Accounting system in the hospitality industry would be greatly influenced from IFRS for providing their financial information and accounting reporting.

목차

Ⅰ. Introduction

Ⅱ. The Accounting Standards and Frameworks

Ⅲ. Comparative Analysis：IAS, US GAAP and Korean GAAP

Ⅳ. Discussion and Conclusion

References

Abstract

키워드

Accounting Standards Balance Sheet Income Statement Financial information Investors.