Effectiveness of Revised Iranian Accounting Standards No.19 (Business Combination)

In this research, with different stakeholder’s participation (included 148 people: enterprise Chief financial officer, expert external auditors, Chief investment officers and university professors) it has been tried to consider the effectiveness of revised Iranianaccounting standards No.19 (Business Combination) with survey in different aspects. The results show, in general, the requirements which led to revise the accounting standard NO.19, has been resolved and moreover important issues which existed in pooling of interest method has been resolved. Although in stakeholder’s view the appliance of revised standard is operational, there are several fields in comparability and reliability which have the potential to be improved and revised. Furthermore, the information of business combination based on the revised accounting standard NO.19 prepared for users would be useful. What's more, the benefit of accounting methods which are required in the last version is more than the cost of changing users analysis.