Applicability of ROC Financial Accounting Standard Segregation： A Certified Public Accountant Perspective

• Main Authors: CHEN CHING-TE, 陳憬德
• Other Authors: Yu-Chung Hung
• Format: Others
• Language: zh-TW
• Published: 2012
• Online Access: http://ndltd.ncl.edu.tw/handle/34577858700123777632

碩士 === 國立中正大學 === 會計資訊與法律數位學習碩士在職專班 === 100 === ABSTRACT Along with the booming of Internet and new technologies, the communication anong people and firms has become more convenient and real-time. The geographic distance is also no longer the barrier of information flows. Therefore, the communication distance of the whole world becomes shorter, and the term of “Global Village” comes out. Because the access and distribution of information become very easy and rapid, the competition that modern firms confront has switched from a local issue to an international one. The operational style and size of a firm has also been changed from local manufacturing and sales to international trade. Furthermore, global investment in manufacturing centers, marketing channel or merge/acquisition triggered the multiple-angle management. Mutual investment and shareholders has become the strategy to stabilize business performance. Because the relationship between global production and multi-national investment is increasingly closer, the consolidated financial statement of a multi-national enterprise must adopt different accounting principles for different countries. It causes that the variance and complexity of international income recognition and the consolidated financial statement increase. Thus, many countries are tend to adopt IFRS ( International Financial Reporting Standards) in order to reach the consistency of financial statements. The aforemented fact has been an unavoidable trend for all firms of “Global Village”. The Taiwan government cannot be the exempt. So the Taiwan government is promoting IFRS and expects that the listed companies in Taiwan can gradually implement IFRS and meet the requirement of IFRS. IASB announced IFRS for SMEs (Small and Medium-size Enterprises) in July, 2009. It leads large-size enterprises and SMES to adopt IFRS and IFRS for SMEs respectively. Some countries has accepted the Financial Accounting Standards Segregation (FASS). This study employs depth interview and qualitative analysis to explore the acceptance of FASS in Taiwan from the perspectives of CPA. The research findings can be the reference for promoting IFRS and FASS in Taiwan.