Worldwide Financial Reporting: The Development and Future of Accounting Standards

ISBN-13: 9780195305838 / Angielski / Twarda / 2006 / 336 str.

George J. Benston; Michael Bromwich; Robert E. Litan

Opis

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.