1995 Fiscal Year Final Research Report Summary
ACCOUNTING FRAMEWORK AND ACCOUNTING STANDARDS
| Project/Area Number |
06301078
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| Research Category |
Grant-in-Aid for Co-operative Research (A)
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| Allocation Type | Single-year Grants |
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| Research Field |
Accounting
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| Research Institution | HITOTSUBASHI UNIVERSITY |
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Principal Investigator |
ANDO Hideyoshi HITOTSUBASHI UNIV., COMERCE,PROFESSR, 商学部, 教授 (50017498)
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| Co-Investigator(Kenkyū-buntansha) |
SUDA Kazuyuki KANSAI UNIV., COMERCE,PROFESSR, 商学部, 教授 (00171273)
KURATA Koji RIKKYO UNIV., ECONOMICS,PROFESSR, 経済学部, 教授 (90149146)
KUROKAWA Yasumi SENSYU UNIV., COMERCE,PROFESSR, 商学部, 教授 (70119387)
KIKUYA Masato KOKUSIKAN UNIV., POLITICS AND ECONOMICS,PROFESSR, 政経学部, 教授 (10132101)
NITTA Tadatika HITOTSUBASHI UNIV., COMERCE,PROFESSR, 商学部, 教授 (00146721)
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| Project Period (FY) |
1994 – 1995
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| Keywords | CONCEPTUAL FRAMEWORK / ACCOUNTING STANDARDS / ACCOUNTING PRINCIPLES / COMMERCIAL CODE TYPE OF FINANCIAL ACCOUNTING SYSTEM / SEC TYPE OF FINANCIAL ACCOUNTING SYSTEM |
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| Research Abstract |
The general purpose of our special committee is to provide basic researchs for the possible review of the existing Japanese accounting standards.
1) After the Conceptual Framework was published, still FASB and IASC have settled on many accounting standards not only by the Conceptual Approach, but also by the Pragmatic Approach. These accounting standards are mixed products by both approaches.
2) In Germany, France and Japan there are indeed lively arguments over the Conceptual Framework and the international harmonization of accounting standards. But, the arguments against the Conceptual Framework seem superior to the arguments for that. In these countries the European (Commercial Code) type of financial accounting system is adopted. This is the best reason for the trend of the arguments.
3) The Conceptual Framework (of FASB,ASB and IASC) consists of Informational Framework and Caluculating Framework.
4) The existing basic accounting standards in Japan consist of fully or mainly Calculating Framework.
5) In Japan, an Informational Framework should be necessary to USA (SEC) type of financial accounting, but unnecessary to the European (Commercial Code) type.
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