A critical analysis of the use of accounting standards’ comment letters as lobbying tools by extractive industry firms

A. O. Asekomeh, A. Russell, Heather Tarbert

Research output: Contribution to journal › Article

Abstract

This paper argues that comment letters in response to a recent proposed accounting standard were used by the extractive industry as lobbying tools. Specifically, a content analysis of responses received in respect of the IASC’s extractive industries issues paper reveals the greatest divergence of views on accounting treatments that have the highest potential for income management. This divergence appears to represent an attempt by lobbyists to ensure that income management strategies are not forfeited.
Original languageEnglish
Pages (from-to)55-76
Number of pages22
JournalPetroleum Accounting And Financial Management Journal
Volume25
Issue number3
StatePublished - 2006
Externally publishedYes

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Divergence
Income
Lobbying
Content analysis

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Asekomeh, A. O.; Russell, A.; Tarbert, Heather / A critical analysis of the use of accounting standards’ comment letters as lobbying tools by extractive industry firms.

In: Petroleum Accounting And Financial Management Journal, Vol. 25, No. 3, 2006, p. 55-76.

Research output: Contribution to journal › Article

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abstract = "This paper argues that comment letters in response to a recent proposed accounting standard were used by the extractive industry as lobbying tools. Specifically, a content analysis of responses received in respect of the IASC’s extractive industries issues paper reveals the greatest divergence of views on accounting treatments that have the highest potential for income management. This divergence appears to represent an attempt by lobbyists to ensure that income management strategies are not forfeited.",
author = "Asekomeh, {A. O.} and A. Russell and Heather Tarbert",
year = "2006",
volume = "25",
pages = "55--76",
journal = "Petroleum Accounting And Financial Management Journal",
issn = "1554-2904",
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Asekomeh, AO, Russell, A & Tarbert, H 2006, 'A critical analysis of the use of accounting standards’ comment letters as lobbying tools by extractive industry firms' Petroleum Accounting And Financial Management Journal, vol 25, no. 3, pp. 55-76.

A critical analysis of the use of accounting standards’ comment letters as lobbying tools by extractive industry firms. / Asekomeh, A. O.; Russell, A.; Tarbert, Heather.

In: Petroleum Accounting And Financial Management Journal, Vol. 25, No. 3, 2006, p. 55-76.

Research output: Contribution to journal › Article

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AB - This paper argues that comment letters in response to a recent proposed accounting standard were used by the extractive industry as lobbying tools. Specifically, a content analysis of responses received in respect of the IASC’s extractive industries issues paper reveals the greatest divergence of views on accounting treatments that have the highest potential for income management. This divergence appears to represent an attempt by lobbyists to ensure that income management strategies are not forfeited.

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Asekomeh AO, Russell A, Tarbert H. A critical analysis of the use of accounting standards’ comment letters as lobbying tools by extractive industry firms. Petroleum Accounting And Financial Management Journal. 2006;25(3):55-76.

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