Allison's Models and the FASB Statements No's. 2, 5, 13, and 19
15 Pages Posted: 23 Nov 2008 Last revised: 20 Feb 2018
Date Written: November 17, 2008
This paper demonstrates the relevance of Graham Allison's conceptual models in explaining the FASB decision making processes. While models of organizational politics are potentially relevant for understanding the process of accounting standards setting, we conclude based on secondary sources that Allison's organizational process and rational actor models are relevant in varying degrees in explaining the FASB decisions regarding the Statements No's 2, 5, 13, and 19.
Keywords: FASB, GAAP, Standards setting, Organizational politics, Rational actor model, Bureaucratic behavior, Non-profit organizations, Political Economy
JEL Classification: G38, K23, L51, M41
Suggested Citation: Suggested Citation