In recent years accounting researchers have identified “political” lobbying as a problem for accounting standard setting. This paper presents a simple game-theoretic analysis of the political process to identify situations where companies have incentives to lobby the political principal instead of participating in the usual due process of accounting standard setting. Analysis of the model sugge...

ABSTRACT The aim of this paper was to analyze the accounting treatment used by companies in Brazil that have investments joint operations, light Brazilian and international standards. There are no doubts about be consolidated statements, but a divergence identified between standards relation individual statements. IFRS 11 determines investors recognize values operation proportionally separate H...