فصلنامه دانش و پژوهش حسابداری
پیاپی 46 (پاییز 1395)

The paper draws on the economics of standards to inform current debates on international accounting standards. It traces the benefits claimed for standards – their contribution to the division of labour, innovation, trust, etc.; and the costs, including entry barriers and compliance costs. It illustrates these benefits and costs with cases from accounting regulation. It adopts two approaches to the question whether accounting regulation is best achieved by a single set of standards for the world, or by competing systems. The first approach focuses on contributions in economics, including the theory of standards races and of optimal variety. In these analyses, only in special circumstances has a single standard emerged as the superior outcome. The second approach introduces evidence from accounting and finance on the problems of translation with globalised financial markets, and on the relative costs and benefits of multiple standard-setters or a single global scheme. The most compelling net benefits of harmonisation arise for small economies moving from idiosyncratic to international standards.

Today, organizations in order to stay in the competition and business environment
sought the prestige and satisfaction of their clients. Companies with high rankings
have more ability to attract capital and investors more willing to buy shares of the
other companies and the transfer of resources to them. This study aimed to
investigate the relationship between Tehran Stock Exchange ranking in terms of
disclosure and quality mechanisms proper notification (Score timeliness and
reliability) on the company's earnings quality from the perspective of investors and
users of financial information are non-financial. The research objective view of the
fundamental research and in view of the nature and method of research for
numerous correlations. The population consists of all companies listed in Tehran
Stock Exchange and the sample of companies listed on Tehran Stock Exchange in
the period from 2008 to 2013 were selected by screening And Results shows a
significant positive relationship between earnings quality and reliable standards of
disclosure and timely disclosure standards there. Also a significant positive
relationship between earnings quality score ranking is disclosed.