Graduation Year
2015
Date of Submission
12-2014
Document Type
Campus Only Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics-Accounting
Reader 1
Marc Massoud
Terms of Use & License Information
Rights Information
© 2014 Hashim M. Jamil
Abstract
This paper investigates by analyzing the Middle East, whether culture, with the significant influence of Islam, hinders the use of International Financial Reporting Standards (IFRS). Doctrines within the Islamic faith creates irreconcilable accounting practices that do not comply with IFRS. The two primary features of Islam that distinguishes Islamic accounting from conventional accounting, are the tenets of zakat and riba. Ultimately this paper discusses how these principles cause hindrance in the use of IFRS.
Recommended Citation
Jamil, Hashim M., "The Effect of Culture and Islam on the Use of International Financial Reporting Standards: Case of the Middle East" (2015). CMC Senior Theses. 1051.
https://scholarship.claremont.edu/cmc_theses/1051
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.
