Endre søk
RefereraExporteraLink to record
Permanent link

Direct link
Referera
Referensformat
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Annet format
Fler format
Språk
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Annet språk
Fler språk
Utmatningsformat
  • html
  • text
  • asciidoc
  • rtf
The role of the governments in IFRS’ adoption and implementation: The case of Rwanda
Högskolan i Jönköping, Internationella Handelshögskolan, IHH, Företagsekonomi.
Högskolan i Jönköping, Internationella Handelshögskolan, IHH, Företagsekonomi. Henley Business School, University of Reading, UK.ORCID-id: 0000-0001-9055-950X
(engelsk)Manuskript (preprint) (Annet vitenskapelig)
Abstract [en]

This paper investigates the role played by the Government of Rwanda in the adoption and implementation of International Financial Reporting Standards (IFRS). It systematically analyzes interviews and archival data using a thematic content analysis. Its findings suggest that as a key stakeholder in IFRS’ adoption and implementation, the Government of Rwanda played an important role that made their adoption and implementation possible. The government’s role is articulated in a set of decisions and events that marshalled the overall process of IFRS’ adoption and implementation. The government also played a role in making rational choices about effective and efficient accounting standards and dedicating efforts in different activities related to IFRS’ adoption and implementation. The choices and actions undertaken (the decision to use IFRS instead of local standards or developing new accounting standards, the sense-making around IFRS’ adoption and implementation and availing the resources needed) were significant for the guidelines’ effective adoption and implementation. This paper contributes to literature as it provides an explanation of the role of the government in the adoption and implementation of IFRS, in marking out the steps in this and showing that IFRS’ adoption and implementation in Rwanda was a result of mature decision-making and not a result of pressures from regional or international partner organizations.

Emneord [en]
International Financial Reporting Standards, government, IFRS adoption planning
HSV kategori
Identifikatorer
URN: urn:nbn:se:hj:diva-42274OAI: oai:DiVA.org:hj-42274DiVA, id: diva2:1269914
Tilgjengelig fra: 2018-12-11 Laget: 2018-12-11 Sist oppdatert: 2018-12-11bibliografisk kontrollert
Inngår i avhandling
1. The adoption and implementation of International Financial Reporting Standards (IFRS) in Rwanda
Åpne denne publikasjonen i ny fane eller vindu >>The adoption and implementation of International Financial Reporting Standards (IFRS) in Rwanda
2018 (engelsk)Doktoravhandling, med artikler (Annet vitenskapelig)
Abstract [en]

Accounting has played a significant role in globalization through instruments like the International Accounting Standard Board (IASB), the International Federation of Accountants (IFAC) and the International Financial Reporting Standards (IFRS) which have harmonized global business practices. With the spread of globalization, the persistence of local realities has become a global issue. While IFRS has been adopted across the world, local contexts are impeding its smooth implementation.

This study investigates this phenomenon in the Rwandan context by discussing how IFRS has been adopted by commercial banks in Rwanda and in sub-Saharan African countries. In Rwanda, IFRS’ adoption was influenced by the country’s economic context (dire need for reconstruction), social context (Rwandans with different accounting traditions due to the conflict and the movement of people across the region and in the world and their returning to their home country) and the political context (colonial legacy and accounting initiatives of the independent African countries and Rwanda’s regional and international integration policies).

My findings suggest that the adoption of IFRS was done after intense preparations and its implementation was monitored as it was believed that these standards would catalyze the government’s economic development goals. The findings also show the bi-directional relationship between accounting and the environment in which it operates. While IRFS’ adoption was swayed by the prevailing environment these standards also formed a part of the country’s strategy for economic development and a mechanism for promoting equity among its citizens.

The findings also show that the professionalization of accounting was context bound and was influenced by the accounting environment in Rwanda and that professionalization contributed to conflict prevention and resolution among accounting practitioners. The study also shows that the government played a big role in the development of accounting as a profession.

Abstract [sv]

Redovisning har spelat en betydande roll i globaliseringen genom instrument som International Accounting Standard Board (IASB), International Federationen of Accountants (IFAC) och International Financial Reporting Standards (IFRS) vilka har harmoniserat global affärspraxis. Med spridningen av globalisering har beständigheten i lokala realiteter blivit en global fråga. Medan IFRS har införts över världen har den smidiga implementationen hämmats i lokala kontexter.

Denna studie undersöker detta fenomen i den ruandiska kontexten genom att diskutera hur IFRS har införts av affärsbanker i Ruanda och i afrikanska länder söder om Sahara. I Ruanda influerades IFRS-införandet av landets ekonomiska kontext (trängande behov av rekonstruktion), social kontext (ruandier med olika redovisningstraditioner beroende på konflikten och migrationen av folk över regionen och i världen och deras återvändande till sitt hemland) och den politiska kontexten (kolonialt arv och redovisningsinitiativ från självständiga afrikanska stater och Ruandas regionala och internationella intergrationspolicies).

Mina resultat indikerar att införandet av IFRS gjordes efter intensiva förberedelser och dess implementering övervakades eftersom man trodde att dessa standarder skulle katalysera regeringens ekonomiska utvecklingsmål. Resultaten visar också den dubbelriktade relationen mellan redovisning och den omgivning i vilken den verkar. Medan införandet av IFRS vacklade hos den rådande omgivningen, formade dessa standarder också en del av landets strategi för ekonomisk utveckling och en mekanism för att främja rättvisa bland dess medborgare.

Resultaten visar också att professionaliseringen av redovisning var kontextbundenoch påverkades av redovisningsmiljön i Ruanda och att professionalisering bidrog till attförhindra och lösa konflikter hos redovisningspraktiker. Studien visar också attregeringen spelade en stor roll i utvecklandet av redovisning som profession.

sted, utgiver, år, opplag, sider
Jönköping: Jönköping University, Jönköping International Business School, 2018. s. 33
Serie
JIBS Dissertation Series, ISSN 1403-0470 ; 129
HSV kategori
Identifikatorer
urn:nbn:se:hj:diva-42277 (URN)978-91-86345-91-4 (ISBN)
Disputas
2018-12-19, B1014, Jönköping International Business School, Jönköping, 13:15 (engelsk)
Opponent
Veileder
Tilgjengelig fra: 2018-12-11 Laget: 2018-12-11 Sist oppdatert: 2018-12-11bibliografisk kontrollert

Open Access i DiVA

Fulltekst mangler i DiVA

Personposter BETA

Shema, Jean BoscoRimmel, Gunnar

Søk i DiVA

Av forfatter/redaktør
Shema, Jean BoscoRimmel, Gunnar
Av organisasjonen

Søk utenfor DiVA

GoogleGoogle Scholar

urn-nbn

Altmetric

urn-nbn
Totalt: 61 treff
RefereraExporteraLink to record
Permanent link

Direct link
Referera
Referensformat
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Annet format
Fler format
Språk
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Annet språk
Fler språk
Utmatningsformat
  • html
  • text
  • asciidoc
  • rtf