Open AccessThe Incorporation of International Accounting Concepts in the Curriculum at Private Universities in the State of Pennsylvania
Author(s) -
Michael J. Gallagher
Publication year - 2013
Publication title -
international journal of business administration
Language(s) - English
Resource type - Journals
eISSN - 1923-4015
pISSN - 1923-4007
DOI - 10.5430/ijba.v4n4p9
Subject(s) - accounting , international financial reporting standards , accounting standard , financial accounting , business , curriculum , state (computer science) , fund accounting , accounting information system , political science , law , computer science , algorithm
The purpose of this paper is to report the coverage of various topics specific to the coverage of the International Financial Reporting Standards (IFRS). This paper used as a base a survey sent to approximately 50 private colleges and universities in Pennsylvania. The questions ranged from the differences in accounting concepts between the IFRS standards and the United States Generally Accepted Accounting Principles (GAAP) and the cultural influences of financial reporting in today’s global economy. A small percentage of the universities have a stand-alone course in international accounting and the coverage of the various differences is not consistent from college to college. This paper will also describe key differences that exist with IFRS and US GAAP