International Accounting : Standards, Regulations, Financial Reporting

ISBN-13: 9780750669832 / Angielski / Miękka / 2006 / 596 str.

Professor Greg N. Gregoriou; Mohamed Gaber

Opis

This book includes a wide range of topics that deals with international accounting standards, regulations, and financial reporting. The book is a timely collection of several original research papers written by well-known authors and experts in the field from countries around the globe on very important and emerging issues in international accounting.

Due to the adoption of "International Accounting Standards (IAS) Regulation" by the European Parliament in 2002 (N0 1606/2002), listed companies in the EU capital markets are required to implement IAS by 2005. This regulation is a revolutionary one, and therefore, there is a need for the type research that focus on the lobbying activities towards the International Accounting Standard Board (IASB). This book includes an in-depth coverage of such lobbying activities as well as an extensive research papers that focus on the content analysis of the comment letters received by International Accounting Standards Board (IASB).

Fair value accounting has gained some special interest in recent years. The book includes several research papers on Fair Value Accounting and its application in different countries.

Other topics covered in the book include auditing, taxation, and accounting education in several countries.

As an added value, the book include several chapters that should be viewed as educational tools for countries that do not have financial and technical resources to establish their own accounting and reporting standards. So, it is of critical importance for such countries to have a model to use for their financial reporting standards, and as such, the book includes research papers that explain how to adopt international financial reporting standards in such countries.

Experts in the field from different countries including Australia Belgium, Brazil, Estonia, France, Germany, Italy, Japan, Malaysia, Singapore, New Zealand, United Arab Emirates, United Kingdom, and the United States join forces to bring the latest development in the international accounting standards and financial reporting.

This book will be a very valuable resource for colleges and universities that have a course in international accounting as a part of their undergraduate or graduate curriculum. As well, the book will serve as a useful reference at any academic or professional library worldwide.

* Includes a wide range of topics that deal with international accounting standards, regulations, and financial reporting
* Shows how to adopt and implement International Financial Reporting Standards in Transition Economies
* Covers Fair Value Accounting with applications in two different countries

Recenzje

"This collection of research papers on a range of topics includes discussions on the adoption and implentation of International Financial Reporting Standards, as well as fair value accounting and audit in, taxation and accounting education in several countries...in-depth examination of the lobbying that went into the creation of the International Accounting Standards Board's IAS, which are currently being mandated for all European public companies." - Accounting Today, Oct. 1, 2006

"...the authors have carefully selected and presented the best articles that meet the urgent need of the global financial market for both international accounting stadards and global financial reporting issues." Wagdy Abdallah, PhD. Professor of Accounting, Seaton Hall University

Spis treści

Lobbying Towards a Global Standard-Setter; A Fair Go for Fair Value; The Behavior Modification Impact of International Accounting Standards on Decision-Making and Risk Management; Fair Value-The Basis of International Financial Reporting Standards; Fair Value Accounting under IAS/IFRS: Concepts, Reasons, Criticisms; Adopting and Implementing International Financial Reporting Standards in Transition Economies; International Convergence; A Meta-National Perspective on Accounting and Auditing in Nonprofit Organizations; How About Performance Audits For Public Companies;