Worldwide Financial Reporting
The Development and Future of Accounting Standards
Business & Finance, Accounting, International, Financial, Finance & Investing, Finance
| Author: | George J. Benston, Michael Bromwich, Robert E. Litan, Alfred Wagenhofer | ISBN: | 9780190294236 |
| Publisher: | Oxford University Press | Publication: | April 13, 2006 |
| Imprint: | Oxford University Press | Language: | English |
| Author: | George J. Benston, Michael Bromwich, Robert E. Litan, Alfred Wagenhofer |
| ISBN: | 9780190294236 |
| Publisher: | Oxford University Press |
| Publication: | April 13, 2006 |
| Imprint: | Oxford University Press |
| Language: | English |
International accounting standards tend to converge, as do auditing, enforcement and corporate governance, whereas trading of equity shares remains essentially national. The book provides a thorough analysis of what information investors really need, how financial accounting systems developed and their current requirements in major commercial countries, and examines current issues, particularly the benefits and costs a single or multiple accounting standards, the bases for accounting standards, and limitations to accounting disclosure in financial statements.
International accounting standards tend to converge, as do auditing, enforcement and corporate governance, whereas trading of equity shares remains essentially national. The book provides a thorough analysis of what information investors really need, how financial accounting systems developed and their current requirements in major commercial countries, and examines current issues, particularly the benefits and costs a single or multiple accounting standards, the bases for accounting standards, and limitations to accounting disclosure in financial statements.
