The French notion of the image fidele : the power of words
Colasse, Bernard (1997), The French notion of the image fidele : the power of words, European Accounting Review, 6, 4, p. 681-691
TypeArticle accepté pour publication ou publié
Journal nameEuropean Accounting Review
MetadataShow full item record
Abstract (FR)The notion of image fidèle was introduced into French law in 1983. Confronted with the need to integrate this notion, both unknown and undefined, into the traditional notions of regularity and sincerity, the French accounting community collectively adopted an avoidance strategy. The strategy chosen was not that of challenging existing rules governing the preparation of the balance sheet and the profit and loss statement, but of using the notes to the accounts to record all information not specifically covered by these rules but nonetheless likely to contribute to the mythical image fidèle. The major drawback to this strategy was the increasing number of pages devoted to the notes. Sooner or later, the search for the image fidèle would lead the French accounting community to bring into question certain traditional concepts and rules.
Subjects / KeywordsAccounting; financial statements; business records; corporation reports; bookkeeping
JELM41 - Accounting
Showing items related by title and author.
The Power of Words in the Enforcement of Financial Regulation. the Case of the French Authority of the Financial Markets Bouthinon-Dumas, Hugues; Kirat, Thierry; Marty, Frédéric; Rezaee, Amir (2017) Communication / Conférence
La mauvaise acclimatation de la notion internationale de "true and fair view" (image fidèle) dans les pays de droit romain : les conséquences sur le cadre conceptuel français Honoré, Aline (1994) Communication / Conférence