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Three audit firms and their implementation and knowledge transfer of IFRS

Gunnarsson, Sofie and Finnbäck, Sanna (2009)
Department of Business Administration
Abstract
The purpose of this thesis is to identify similarities and differences in implementation and application of IFRS in the Big Four audit firms. In order to do this we are going to see how interpretations of IFRS are shared and transferred within the audit firms. We have chosen to use a case study approach with a qualitative approach and an abductive view. When collecting the data we have chosen to use interviews, literature and documents from audit firms. We have used prior research of knowledge, knowledge intensive companies, knowledge transfer as well as research regarding IFRS. Case study approach; three in-depth interviews with employees of Deloitte, Ernst & Young and PricewaterhouseCoopers, homepages and documents from the three audit... (More)
The purpose of this thesis is to identify similarities and differences in implementation and application of IFRS in the Big Four audit firms. In order to do this we are going to see how interpretations of IFRS are shared and transferred within the audit firms. We have chosen to use a case study approach with a qualitative approach and an abductive view. When collecting the data we have chosen to use interviews, literature and documents from audit firms. We have used prior research of knowledge, knowledge intensive companies, knowledge transfer as well as research regarding IFRS. Case study approach; three in-depth interviews with employees of Deloitte, Ernst & Young and PricewaterhouseCoopers, homepages and documents from the three audit firms. The study shows that there are more similarities than differences in channels and strategies that the Big Four audit firms use when interpreting and implementing IFRS. We found that codified knowledge plays a huge part when the audit firms transfer and share information and knowledge, especially the extensive use of databases was evident. However, the interpretations made by both the respective audit firms and the employees can differ which derives from the use of a principles based accounting system and because individuals patterns of life affects how an employee perceives their reality. (Less)
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author
Gunnarsson, Sofie and Finnbäck, Sanna
supervisor
organization
year
type
M2 - Bachelor Degree
subject
keywords
Management of enterprises, interpretation, knowledge transfer, knowledge, IFRS, audit firms, Företagsledning, management
language
Swedish
id
1437459
date added to LUP
2009-06-05 00:00:00
date last changed
2012-04-02 17:26:09
@misc{1437459,
  abstract     = {The purpose of this thesis is to identify similarities and differences in implementation and application of IFRS in the Big Four audit firms. In order to do this we are going to see how interpretations of IFRS are shared and transferred within the audit firms. We have chosen to use a case study approach with a qualitative approach and an abductive view. When collecting the data we have chosen to use interviews, literature and documents from audit firms. We have used prior research of knowledge, knowledge intensive companies, knowledge transfer as well as research regarding IFRS. Case study approach; three in-depth interviews with employees of Deloitte, Ernst & Young and PricewaterhouseCoopers, homepages and documents from the three audit firms. The study shows that there are more similarities than differences in channels and strategies that the Big Four audit firms use when interpreting and implementing IFRS. We found that codified knowledge plays a huge part when the audit firms transfer and share information and knowledge, especially the extensive use of databases was evident. However, the interpretations made by both the respective audit firms and the employees can differ which derives from the use of a principles based accounting system and because individuals patterns of life affects how an employee perceives their reality.},
  author       = {Gunnarsson, Sofie and Finnbäck, Sanna},
  keyword      = {Management of enterprises,interpretation,knowledge transfer,knowledge,IFRS,audit firms,Företagsledning,management},
  language     = {swe},
  note         = {Student Paper},
  title        = {Three audit firms and their implementation and knowledge transfer of IFRS},
  year         = {2009},
}