Non-IFRS and changes in accounting institutions – Lessons from Nokia

We analyse the lessons learned from Nokia to illustrate changing focus in accounting and organisational practices that affect perceptions of relevant work key measures success. In course an analysis covering 25 years, introduction management innovations was first emphasised regarding managerial relevance but were later replaced by financial emphasis (e.g. non-IFRS reporting). Our data includes public reports, newspaper articles 21 interviews made between 1996 2019. present a framework for analysing shifts accounting. case on practices, shifting reliability, primary success, contributes understanding historical developments perceived success or failure, institutional terms ‘institutional work’, especially through valourizing either actions reports.