Accounting standard-setting in Canada, 1864–1992: A theoretical analysis of structural evolution

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Abstract

The development of accounting standard-setting processes in Canada is examined during the period 1864 to 1991. Six phases of development are identified and analyzed based on a typology of mechanisms of legitimation. The analysis highlights the interplay of technical and political imperatives as Canada moved away from its colonial origins and toward a distinctly Canadian standard-setting process.

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