The Determinants of IFRS Coverage in the Undergraduate Accounting Curricula

Perceived internationalization of accounting education: the case of Vietnam

“…Other variables, such as educators' academic rank, university size, and beliefs regarding the probability and timing of IFRS adoption, had little to no bearing on predicting IFRS course coverage. Aldredge (2018) found that, in accordance with Kasonso (2015) and Rezaee et al (2010), only 10% of studied educators rated themselves as being very familiar with IFRS principles. Before mandating IFRS into the curriculum, there is a need for IFRS training for accounting educators.…”

“…This indicates the magnitude of the challenges posed by the impending incorporation of IFRS into the Vietnamese accounting curriculum, the greatest of which is the requirement for IFRS training for accounting educators. According to Aldredge (2018, p. 42), even if IFRS adoption is abandoned for any reason, “education in IFRS principles will still be required for a number of reasons: (a) IFRS is already tested on the CPA exam; (b) global transactions are becoming increasingly common as businesses continue to expand overseas; and (c) the majority of the world has already adopted or is planning to adopt IFRS. "…”

“…The importance of education and training for a successful IFRS adoption is on the rise, which justifies the timeliness and significance of this study. Studies on the extent to which IFRS has been covered in accounting curricula around the world are limited, but educators' familiarity with IFRS stands out as the most significant factor in determining course coverage (Aldredge, 2018). Other variables, such as educators' academic rank, university size, and beliefs regarding the probability and timing of IFRS adoption, had little to no bearing on predicting IFRS course coverage.…”

An Exploratory Study of International Financial Reporting Standards (IFRS) from a Christian Perspective

“…The mixed messages from the SEC and FASB in the past two decades is affecting the accounting industry. Inadequate IFRS education and training among the accounting graduates and professionals is one of the key reasons for the delay in its adoption (Aldredge, 2018). Tysiac (2016) states that the SEC, FASB, AICPA, and accounting practitioners and educators recognize the necessity to have a common language in financial reporting across nations as many companies operate internationally.…”