The Role and Characteristics of National Accounting Standard Setters in the European Union: A Comparative Analysis

This paper examines the persistence of national/local institutions in accounting settings, where standards are global/international (or convergent). This poses the question of how these institutions adapt to a changing environment and what factors shape their structure. We provide updated informatio...

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Detalles Bibliográficos
Autores: Ucieda Blanco, José Luis, Santos Cabalgante, Beatriz, Romero Fúnez, Dominga
Tipo de recurso: artículo
Fecha de publicación:2025
País:España
Institución:Universidad Autónoma de Madrid
Repositorio:Biblos-e Archivo. Repositorio Institucional de la UAM
Idioma:inglés
OAI Identifier:oai:repositorio.uam.es:10486/718044
Acceso en línea:http://hdl.handle.net/10486/718044
https://dx.doi.org/10.6018/rcsar.437971
Access Level:acceso abierto
Palabra clave:Accounting regulation
Accounting standards
Harmonization
Institutional differences
National Standard Setters
Economía
Descripción
Sumario:This paper examines the persistence of national/local institutions in accounting settings, where standards are global/international (or convergent). This poses the question of how these institutions adapt to a changing environment and what factors shape their structure. We provide updated information on 17 National Accounting Standard Setters (NASS) from 15 EU countries plus Australia and USA. The results reveal the four most relevant dimensions of each NASS (nature, organization, financing, and transparency) and identify two main models of NASS (public and private). The paper also discusses potential applications of this data, mainly to examine whether (and how) certain institutional factors could enhance the quality of financial reporting