IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-51201-6_5.html
   My bibliography  Save this book chapter

Germany

In: Accounting Regulation in Europe

Author

Listed:
  • Dieter Ordelheide

Abstract

The character of German accounting regulation has been predominantly legalistic since commercial law came into being with the unification of Germany in the second half of the nineteenth century. Until 1998 the rules of financial accounting were governed by the commercial code and, accordingly, had to be approved by Parliament. Thus, the traditional German model of accounting regulation differed significantly from countries where standards are approved by a private body or by government departments, or by some arrangement of governmental and private agencies which work together to develop and approve accounting rules. In May 1998, however, ammendments to the German Commercial Code (Handelsgesetzbuch, HGB) embedded the legal prerequirements for the establishment of a standard setting institution. Since then the German Accounting Standards Board (Deutscher Standardisierungsrat, DSR) has been founded, although the consequences for German accounting practice are not expected before 1999.

Suggested Citation

  • Dieter Ordelheide, 1999. "Germany," Palgrave Macmillan Books, in: Stuart McLeay (ed.), Accounting Regulation in Europe, chapter 5, pages 99-146, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-51201-6_5
    DOI: 10.1057/9780230512016_5
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-51201-6_5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.