Ms Mariam NACIRI, doctoral student at Groupe ISCAE, has participated in the prestigious congress of the Francophone Association of Accounting (AFC), held in Paris for its 40th edition, on May 20, 21 and 22, 2019, under the theme “Ethics, Regulation and Accounting”.
She presented a paper entitled “The impact of environment on the implementation of the conservatism principle, the case of international accounting standards: a literature review”, as part of her PhD work, under the supervision of Professor Fawzi BRITEL.
The accounting literature considers the prudence or accounting conservatism as an attribute of the financial information quality. The adoption of a single set of high-quality, understandable and globally accepted standards, namely IFRS, has failed to harmonize accounting practices across countries, or even to improve the quality of published financial information. Based on this observation, we conducted a literature review of the work performed by scholars to evaluate the impact of the transition to IFRS the level of prudence or accounting conservatism.
We conclude that the implementation of the same accounting standard differs from one context to another, as a result of various institutional, organizational and cultural factors. Indeed, accounting rules have the specificity of being able to adapt and evolve to meet the needs of users of financial information, and if their implementation is affected by external factors, which is not without effect. Accounting standards interact with their economic, legal and social environment.
Keywords: IFRS, Prudence, accounting conservatism, literature review