Objective
The proposed research will analyse and evaluate the impact of EU-mandated harmonisation of financial reporting based on International Financial Reporting Standards (IFRS). It will document levels of compliance with IFRS and the institutional, legal and economic determinants of compliance, changes in financial reporting quality and their determinants, and the economic consequences for firms and stakeholder groups. The research addresses questions that are crucially important to the future development of the European economy and financial markets.
The project will overcome fragmentation in financial accounting research across European universities. An intensive network-wide training programme will develop the research competences of a new generation of accounting researchers. It will nurture conceptual and analytical abilities and develop the technical skills necessary to conduct large-scale empirical research. The project will overcome the significant barriers to such research by developing new databases and opening up wider access to existing commercial databases.
The programme will also aim to foster industry-academia cooperation. Through an advisory group, the project team will work closely with members of regulatory bodies, including the International Accounting Standards Board (IASB) and the European Financial Reporting Advisory Group (EFRAG). The project advisory group will assist in identification of relevant research questions, provide feedback on research projects, and assist in the dissemination of result s to policy makers, the accounting profession and industry.
The scientific programme is based on the view that financial reporting is a multi-disciplinary phenomenon and part of a complex equilibrium that also includes the legal and institutional frameworks within which businesses exist. The project will thus integrate relevant theory and empirical methods in accounting, finance, law and economics.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
- natural sciences computer and information sciences databases
- social sciences economics and business economics
- social sciences political sciences political transitions revolutions
- social sciences law
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
FP6-2005-MOBILITY-1
See other projects for this call
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Coordinator
LANCASTER
United Kingdom
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.