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Indexed by:会议论文

Date of Publication:2015-01-01

Included Journals:CPCI-SSH

Page Number:1-5

Key Words:accounting; IFRS; comparative study; China; United States; Ecuador

Abstract:This study presents a comparative study of the accounting systems in China, Ecuador and the United the States of America, as well as a brief introduction of the situation in Latin America. The article presents an overview of the current situation of the accounting systems in these countries since they have followed different paths and achieved different results. This research focuses on the use of International Financial Reporting Standards (IFRS) and the adopting process has been compared in order to determine areas of significant discrepancies, aiming to progress toward the harmonizing of accounting standards.