How Would We Evaluate Accounting Standard?

カイケイキジュン ノ ヒョウカキジュン ニ ツイテ

タカオ, ヒロジ

Takao, Hiroji

オオサカ　ダイガク　ケイザイ　ガッカイ

The Economic Society of Osaka University

会計基準

評価規準

Accounting System

Accounting Standard

Evaluation Criteria

Financial accounting studies might be critical to develop evaluation criteria which can be used to judge between good accounting standard (good accounting system) and bad one, and to corporate the criterion into an accounting theory. In this paper, I enumerate seven possible evaluation criteria (faithfulness, consistency, association with capital market performance measures, economic welfare, transaction costs, perfect accounting model, adaptation to the economic policy) and then investigate the merits and demerits of theses criteria as a step toward a comprehensive evaluation criteria issues in financial accounting. In addition, I review some research in order to understand how a criterion would work well in the current research.