... for the IASB and in evaluating the comparability and quality of accounts produced under IFRSs around the world. © Emerald Group Publishing Limited 2008 FASB International harmonisation Form 20‐F reconciliation Principles‐based accounting model IASB Rules‐based accounting model IASs SEC IFRSs...

... as well as environmental differences. The study also found that there is a strong support for adoption of the International Accounting Standards (IASs) because international markets are becoming increasingly important and there exists major differences in accounting principles among the Gulf Cooperation...