Preliminary communication
International classifications of accounting systems as a result of influence of various environmental factors
Ivo Mijoč
Tadija Vrdoljak
Abstract
Activities of various environmental factors resulted in the emergence of accounting clusters that in-
clude equal or similar countries, observed through evaluation (measurement) criteria and publishing,
which has led to group formation, i.e. clusterisation of accounting systems within similar or equal
groups, subgroups and clusters. The key principle of group formation of accounting systems within
certain clusters implies similar accounting practices, primarily the practice of measuring (evaluating)
positions and publishing information in financial reports. The measurement level and the quantity of
published information is related to the environmental factors, primarily to cultural heritage, which,
according to claims of numerous authors, is of crucial importance. If accounting practices of the com-
pared countries are observed according to this factor, then it is possible to form at least two or more
clusters, which is significant in the world of financial reporting as there are some controversies in the
relation between IASB and FASB even today.
Keywords
clusterisation; accounting standards; inductive classifications; deductive classifications; hierarchical classifications
Hrčak ID:
94215
URI
Publication date:
3.12.2012.
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