alexa Changes in Accounting Rules Call for Rapid and Reliable Source of Information | OMICS International
ISSN: 2168-9601
Journal of Accounting & Marketing
Like us on:
Make the best use of Scientific Research and information from our 700+ peer reviewed, Open Access Journals that operates with the help of 50,000+ Editorial Board Members and esteemed reviewers and 1000+ Scientific associations in Medical, Clinical, Pharmaceutical, Engineering, Technology and Management Fields.
Meet Inspiring Speakers and Experts at our 3000+ Global Conferenceseries Events with over 600+ Conferences, 1200+ Symposiums and 1200+ Workshops on
Medical, Pharma, Engineering, Science, Technology and Business

Changes in Accounting Rules Call for Rapid and Reliable Source of Information

Nazli Hosal Akman*

Faculty of Business Administration, Bilkent University, Ankara, Turkey

*Corresponding Author:
Nazli Hosal Akman
Faculty of Business Administration
Bilkent University
Ankara, Turkey
Tel: +90-312-290-2022
Fax: +90-312-266- 4958
E-mail: [email protected]

Received Date: April 19, 2012; Accepted Date: April 20, 2012; Published Date: April 21, 2012

Citation: Akman NH (2012) Changes in Accounting Rules Call for Rapid and Reliable Source of Information, Marketing and Sustainability. J Account Mark 1:e105. doi:10.4172/2168-9601.1000e105

Copyright: © 2012 Akman NH . This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

Visit for more related articles at Journal of Accounting & Marketing


Convergence of accounting standards and the use of a single set of accounting standards was one of the major topics in accounting at the beginning of 21st century. The increase in the cross border capital flows and the unfortunate accounting scandals ruled out any concerns about the necessity of globalization in the accounting rules.

Recently, International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB) stood up as the solution for accounting globalization. Former International Accounting Standards Committee was reorganized as IASB in 2001 and started to issue IFRS with an objective of developing “high quality, understandable, enforceable and globally accepted international financial reporting standards” [1]. Currently IFRS is either required or permitted by approximately 120 countries [2] and is probably the most widely used accounting standard set.

The way of doing business undergoes rapid and continuous changes along with the rapid technological developments. Therefore, financial reporting standards are also under continuous improvement by IASB (i.e., IASB issued 4 new standards in 2011, and there are standards that are revised for more than five times since 2004). Undoubtedly, few of us will argue against the inevitability of the new standards and several amendments made to current standards. However frequency of changes in the standards also raises the following issue of whether all parties are timely informed about the new standards and amendments and are they ready to implement and use the information provided?

Although accounting research is sometimes criticized by practitioners as difficult to reach, hard to understand and apply [3], I believe among the objectives of the accounting research should be the facilitation of communication between academicians and practitioners. In fact there should be a two-way communication between practitioners and the academia. This can be achieved by having the results of accounting research easily accessible by the practitioners as well as the researchers.

Journal of Accounting and Marketing plays a significant role in that aspect. Being an open access publication, research articles are disseminated to the global community. Furthermore it is a rapid and reliable source of information on the current developments in the accounting field. In addition to its open access feature, digital articles; audio version-enhanced features; option to translate to more than 50 languages and social networking enhance the dissemination of accounting research to anyone who is interested.


Select your language of interest to view the total content in your interested language
Post your comment

Share This Article

Relevant Topics

Article Usage

  • Total views: 11665
  • [From(publication date):
    May-2012 - Jan 19, 2018]
  • Breakdown by view type
  • HTML page views : 7899
  • PDF downloads : 3766

Post your comment

captcha   Reload  Can't read the image? click here to refresh

Peer Reviewed Journals
Make the best use of Scientific Research and information from our 700 + peer reviewed, Open Access Journals
International Conferences 2018-19
Meet Inspiring Speakers and Experts at our 3000+ Global Annual Meetings

Contact Us

Agri & Aquaculture Journals

Dr. Krish

[email protected]

1-702-714-7001Extn: 9040

Biochemistry Journals

Datta A

[email protected]

1-702-714-7001Extn: 9037

Business & Management Journals


[email protected]

1-702-714-7001Extn: 9042

Chemistry Journals

Gabriel Shaw

[email protected]

1-702-714-7001Extn: 9040

Clinical Journals

Datta A

[email protected]

1-702-714-7001Extn: 9037

Engineering Journals

James Franklin

[email protected]

1-702-714-7001Extn: 9042

Food & Nutrition Journals

Katie Wilson

[email protected]

1-702-714-7001Extn: 9042

General Science

Andrea Jason

[email protected]

1-702-714-7001Extn: 9043

Genetics & Molecular Biology Journals

Anna Melissa

[email protected]

1-702-714-7001Extn: 9006

Immunology & Microbiology Journals

David Gorantl

[email protected]

1-702-714-7001Extn: 9014

Materials Science Journals

Rachle Green

[email protected]

1-702-714-7001Extn: 9039

Nursing & Health Care Journals

Stephanie Skinner

[email protected]

1-702-714-7001Extn: 9039

Medical Journals

Nimmi Anna

[email protected]

1-702-714-7001Extn: 9038

Neuroscience & Psychology Journals

Nathan T

[email protected]

1-702-714-7001Extn: 9041

Pharmaceutical Sciences Journals

Ann Jose

[email protected]

1-702-714-7001Extn: 9007

Social & Political Science Journals

Steve Harry

social_politicalsci[email protected]

1-702-714-7001Extn: 9042

© 2008- 2018 OMICS International - Open Access Publisher. Best viewed in Mozilla Firefox | Google Chrome | Above IE 7.0 version