Journal of
Accounting and Taxation

  • Abbreviation: J. Account. Taxation
  • Language: English
  • ISSN: 2141-6664
  • DOI: 10.5897/JAT
  • Start Year: 2009
  • Published Articles: 159

Full Length Research Paper

Review of international accounting information systems

Jeno Beke
Department of Accounting and Finance, Institute of Business and Management, Faculty of Business and Economics, University of Pécs, Hungary.
Email: [email protected]

  •  Accepted: 29 July 2010
  •  Published: 31 August 2010

Abstract

This paper traces the benefits of international accounting information systems-their contribution to standardization and harmonization by purposing and tasking for business management. In this review, the goal is to describe and summarize how the accounting information system can help management decisions and influence the business environment in a global scale. The unified, standardized accounting information system will lead to new types of analysis and data, furthermore with the possible integration of new indicators from the business management practice of certain countries. The purpose of this study was the measuring the differences between the national rules and the international methods by countries, then the valuing and analyzing their effects on the business environments. The study showed that both businesses earnings and stock returns effect on the management turnover. The businesses with lower labour productivity compared to their industry peers have greater incentives to adopt international accounting system. However, the results on turnover are sensitive to this change in variable specification. So the increase in the sensitivity of turnover to accounting performance post-adoption is primarily driven by heightened turnover sensitivity to accounting losses. The empirical results could be the author’s suggestions for business management.
 
Key words: International information systems, accounting standards, harmonization, economic effects.