Journal for international and capital market oriented accounting

from Wikipedia, the free encyclopedia
KoR

description Journal for international and capital market oriented accounting
Area of ​​Expertise Accounting / bookkeeping / auditing division
language German
publishing company Handelsblatt Fachmedien GmbH (Germany)
First edition 2000
Frequency of publication monthly (11 issues)
Editor-in-chief Sebastian Booch
's editor in charge
Web link www.kor-ifrs.de
ISSN (print) 1617-8084

The journal for international and capital market-oriented accounting (KoR) appeared as a specialist journal for the first time at the end of 2000 as a supplement to the journal Finanz-Betrieb .

From 2001 onwards, the magazine, at that time still under the name of the magazine for capital market-oriented accounting , appeared regularly every two months for the first time, and continued to appear as a supplement to the periodical Finanz-Betrieb. An independent subscription to the KoR was also possible. The magazine has been published monthly since 2003. In 2004, the name of the journal was changed to the journal for international and capital market-oriented accounting , while retaining the already common abbreviation KoR . On January 1, 2005, the KoR was completely detached from financial operations. Both magazines are published by the specialist publisher of the Handelsblatt publishing group.

In terms of content, the journal deals almost exclusively with international accounting , namely with IFRS (formerly: IAS ) and US GAAP . Almost all well-known authors from science and practice in this topic have now published in the KoR.

The genesis of the magazine must be taken into account against the background of accounting by German companies that either used the international capital market - primarily the NYSE - and the so-called Neuer Markt in Germany. These companies were obliged to prepare their consolidated financial statements according to international standards and to have them audited by an auditor . Due to the (then) provision of Section 292a of the German Commercial Code ( HGB) , these companies were exempted from preparing consolidated financial statements in accordance with German law and having them audited . Since 2005, all capital market-oriented companies within the EU have been obliged to prepare their consolidated financial statements in accordance with IAS / IFRS. International accounting has therefore found its way into everyday life in the departments for group accounting, analysts and auditors in Germany. The KoR makes a contribution to the development of international accounting in Germany .

Web links