Commentary: A proposal for theoretical models ofstakeholder perceptions of a new financial reporting system

This commentary explores the article by Fontes et al. published in this issue of Account-ing Forum. They argue that the scope of IFRS continues to widen across the world, usinga number of social science disciplines to discuss stakeholder perceptions of change. Thecommentary uses Hegel’s Science of Logic to situate their arguments through four key the-oretical approaches that are prominent in the accounting literature. Ultimately, this hasthe potential to position IASB frameworks in such a way as to challenge the economic andneoliberal logic on which modern accounting is based.