The evaluation of International Financial Reporting Standards (IFRS) legitimacy: Analytical viewpoint

Abstract

This paper is a conceptual evaluation of the international accounting model legitimacy. Its main problem has focused on the study of how the legitimacy of the international model for accounting? Their aims is to investigate the legitimacy of the International Financial Reporting Standards Foundation , in particular, and especially to examine the legitimacy crises wake of the global financial crisis for the year (2008) and the process of restoration, with a focus on the response of IFRS Foundation, the study methodology is built on the examination and evaluation. Its main contribution is to assess the the international accounting model and provide a framework for a new analytical legitimacy "legitimate model", which offers a new perspective to build legitimacy in the accounting contemporary literature.