Regards and Views to Accounting Standards-Setting

Abstract

Considering that the lacks which exist in market system, we should understand necessity of existing of standard which in this among can accept the responsibility of standard-settings as a suitable choice. In set and execution of standard, we must consider a scientific viewpoint and a syllogistic approach. On the other hand, the set of accounting standards include important economic results and with their set, some group profit and some other group loss. As result process of standard-setting is affected political aspects and beneficiary individuals attempt to apply their view like government, investors and managers effectively and get many profits for themselves.

Careless to desire to beneficiary groups can be an obstacle for execution standards. So, the best strategy for standard-setting, Regulatory Approach and give independence to job and or an important role in it. In discussion for execution of standard, there is two complete methods which one of them is Principles-Based and another one is base on rules, determine region of view rather than a set of standards. These two methods play a key role in explanation of professional mediation rate in exception of standards and their public or private.

Keywords: Market Method and Regulatory Approach, political-additional viewpoint, theoretical-Scientific Viewpoint, strategies for standard-setting, method Principles-Based and regulations