An Analysis of the IASB’s Dissenting Opinions
19 Pages Posted: 5 Mar 2020
Date Written: August 1, 2015
In this paper we report the results of a content analysis of dissenting opinions found in International Accounting Standards Board (IASB) standards. During 2001 to 2009 the IASB issued 26 financial accounting standards or amendments to standards. Twenty-five of these standards contained dissenting opinions. We identify and classify the arguments in the dissenting opinions using the methodology of Bradbury and Harrison (2015). The results show that the IASB standards are characterised by a higher rate of dissent reflecting the greater diversity of the IASB board. Dissenting arguments have implications for due process that is being followed and on the use of qualitative characteristics.
Keywords: IASB, due process, dissenting opinions, qualitative characteristics
JEL Classification: M41
Suggested Citation: Suggested Citation