An Analysis of Financial Reporting Standard Setting Process in FASB and IASB : Case of Financial Performance Reporting

Research Project

Project/Area Number	19730321
Research Category	Grant-in-Aid for Young Scientists (B)
Allocation Type	Single-year Grants
Research Field	Accounting
Research Institution	Ritsumeikan Asia Pacific University
Principal Investigator	MAKITA Masashiro Ritsumeikan Asia Pacific University, 国際経営学部, 教授 (60292083)
Project Period (FY)	2007 – 2009
Project Status	Completed (Fiscal Year 2009)
Budget Amount *help	¥2,820,000 (Direct Cost: ¥2,400,000、Indirect Cost: ¥420,000) Fiscal Year 2009: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000) Fiscal Year 2008: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000) Fiscal Year 2007: ¥1,000,000 (Direct Cost: ¥1,000,000)
Keywords	財務報告 / グローバル・スタンダード / 国際財務報告基準 / 利益概念 / 業績概念 / 合計基準 / 会計学 / 財務会計 / 業績報告 / 包括利益 / 純利益 / 会計基準 / 国際会計審議会(IASB) / 財務会計基準審議会(FASB) / 会計基準の国際統合
Research Abstract	This study focused on standard setting process of financial performance reporting. As result, there clarified that points of discussion were unresolved issue about that "what is performance." And this study pointed out that significance of theory is growing but strategy of standard setter is critical, therefore, underemphasizing on evaluation by constituents may cause unsuccessful result of standard setting.