Approaches And Theories To Standard Setting In Accounting
Download Approaches And Theories To Standard Setting In Accounting full books in PDF, epub, and Kindle. Read online free Approaches And Theories To Standard Setting In Accounting ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Author | : Panagiotis Papadopoulos |
Publisher | : GRIN Verlag |
Total Pages | : 37 |
Release | : 2011-12 |
Genre | : Business & Economics |
ISBN | : 3656064776 |
Essay from the year 2011 in the subject Business economics - Accounting and Taxes, grade: 64, University of Westminster (Westminster Business School), course: Financial Accounting and Policy, language: English, abstract: Since the financial crisis in 2008 the topic regulation of the markets at all revived. The world was looking for guilty parties in Rating agencies, financial institutions, governments and lastly audit firms and institutions which gave them their working framework - the accounting standards. On the one hand the scream for more regulation in the private sector to protect the public good became louder and on the other hand scientists were warning of such overbearing steps because they would be damaging the economy. This issue provides the basis for this paper where accounting is seen as an eco-nomic good. Accounting information is not costless to produce for the corporations and it raises compliance costs. On the one hand managers are using accounting rules that minimize information costs and on the other hand shareholders want ac-counting rules that improve their ability to control and monitor the manager's action. Theoretically, financial accounting and reporting should be objective, neutral and apolitical. However, the standard setting process can be influenced by external groups with different interests.
Author | : Ahmed Riahi-Belkaoui |
Publisher | : Nelson Australia |
Total Pages | : 566 |
Release | : 2002 |
Genre | : Accounting |
ISBN | : 9780170102858 |
Provides a comprehensive introduction to accounting theory for students who are majoring in accounting. This text will also provide an evaluation of accounting theory from a number of alternative perspectives and paradigms.
Author | : Harry I. Wolk |
Publisher | : South Western Educational Publishing |
Total Pages | : 680 |
Release | : 1997 |
Genre | : Business & Economics |
ISBN | : |
The goal of this text is to provide students with increased knowledge about accounting research and the standard-setting process, as well as an in-depth look at major problem areas of financial accounting. It also aims to increase students analytical and critical-thinking skills through the use of cases, real-world examples, and writing assignments.
Author | : Richard G. Schroeder |
Publisher | : |
Total Pages | : 616 |
Release | : 2005-01-04 |
Genre | : Business & Economics |
ISBN | : |
Updated and revised, Accounting Theory helps readers build strong critical thinking skills and a sound theoretical background in order to evaluate accounting practice in today's increasingly global world economy.
Author | : Brian A Rutherford |
Publisher | : SAGE |
Total Pages | : 196 |
Release | : 2000 |
Genre | : Business & Economics |
ISBN | : 9780761966074 |
This book explains the content of the Accounting `Standards Board's new Statement of Principles for Financial Reporting' in an accessible language, specifically for the student of accounting and finance.
Author | : Harry I. Wolk |
Publisher | : SAGE |
Total Pages | : 697 |
Release | : 2008 |
Genre | : Business & Economics |
ISBN | : 1412953456 |
Presents complex materials in a clear and understandable manner. Incorporating the latest accounting standards and presenting the most up-to-date accounting theory from the top academic journals in accounting and finance throughout the world.
Author | : Stuart McLeay |
Publisher | : Springer Science & Business Media |
Total Pages | : 225 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 1461545897 |
Contemporary Issues in Accounting Regulation looks at accounting regulation in a different way. The opening chapters explore the tension between the power of the state and the forces of the market, and other aspects of the political dimension to accounting regulation. The book also examines the process of setting accounting standards, highlighting the crucial role of standard setters in assessing the level of public support for an issue in the face of opposing positions taken by powerful interest groups. In addition, the book provides an introduction to the theoretical framework of accounting regulation, looking at choices between controversial accounting methods and at markets that are characterized by asymmetry of information and beliefs. The final chapters of the book are concerned with creative accounting, deregulation of financial reporting by smaller companies, and the link between price regulation and accounting policy choices.
Author | : P. Mohana Rao |
Publisher | : Deep and Deep Publications |
Total Pages | : 340 |
Release | : 2006 |
Genre | : Accounting |
ISBN | : 9788176298162 |
Author | : Jayne Godfrey |
Publisher | : Wiley |
Total Pages | : 0 |
Release | : 2003-07-25 |
Genre | : Business & Economics |
ISBN | : 9780470802373 |
Accounting Theory 5th edition is the new edition of the market leading theory textbook. The 5th edition has been updated to enhance student understanding of the role of accounting theory and the application of accounting theory in the professional environment. Increasingly, students have failed to appreciate the relevance of studying accounting theory due to the esoteric nature of the discipline and its lack of any obvious correlation to a discrete accounting process. The new edition addresses this issue and makes the link to industry more clear through chapter vignettes and case studies. The new edition goes further to align the study of accounting theory to the professional environment domestically and internationally. To achieve this, the new edition includes a "International View" vignette in each chapter to profile the international response or thinking on relevant issues, ?Theory in Action? boxes illustrate the chapter material by way of presenting professional examples to build understanding and end of chapter case studies have develop and apply student understanding of the material. The new edition continues to provide the latest research and the most comprehensive discussion of material whilst maintaining its critical perspective.
Author | : Ian Dennis |
Publisher | : Routledge |
Total Pages | : 230 |
Release | : 2013-10-15 |
Genre | : Business & Economics |
ISBN | : 1134451520 |
Accounting standards are an essential element in the regulation of current financial reporting. Standard setters promulgate such standards, and companies and professional accountants follow them in preparing financial reports. Although much has been written about the history of standard setting, the conceptual underpinnings of accounting standards, the process of setting them, and whether such standards should be ‘rules-based’ or ‘principles-based,’ there has been little written about the kind of thing they are. This book examines the nature of accounting standards and the very idea of a rule, of implementation guidance, and of the objectives that are included in them. It enables the reader to grasp the reasons for promulgating standards, the role of the conceptual framework in setting standards in an institutional context, and the kind of rules that are useful in regulating financial reporting. The insights provided by this examination are used to throw light on the distinction between ‘principles-based’ and ‘rules-based’ standards and on the nature of ‘good’ accounting standards.'