EFFECTS OF THE CHANGE IN SPANISH ACCOUNTING REGULATIONS CONCEPTUAL CHANGES IN LEASE ACCOUNTING : REGULATORY AND ACADEMIC CHALLENGES

Abstract

The main objective of this work is to demonstrate that the positioning of accounting standard setters and that of pressure groups is consistent with the Theory of the Ideology of regulation and the Positive Theory of Accounting of economic effects , respectively. However , contrary to previous lobbying literature , we argue that in an international context and after years of experience _ With the International Financial Reporting Standards (IFRS), all agents, and not just the standard setters , use conceptual and technical aspects , since interest groups , mainly preparers , plan to make their lobbying activity more effective . For this analysis we have chosen the current project to modify the regulation of accounting for the leases and we have analyzed the comment letters submitted. The results of this analysis are consistent with the theories regarding positioning and in turn reflect an interested use of the conceptual framework to put forward the arguments. We also show in detail the controversy that this proposal for change entails and we raise the challenge that this represents for accounting research.