While significant national diversities persist, say Alexander and Archer, the development of the European Union and its impact both on member states and the continent as a whole now make it possible to speak of European accounting as a recognizable entity. After an overview of that, the accounting procedures and expected future developments are detailed for specific countries, including Turkey. An overview of Eastern Europe is followed by reports from the Czech Republic, Hungary, Poland, and the Russian Federation. No dates are cited for earlier editions. Perhaps when listed companies in the European Union achieve the convergence they project for 2005, the handbook can lose some weight. Annotation (c) Book News, Inc., Portland, OR (booknews.com)
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The fifth edition of the Miller European Accounting Guide delivers critical new information on the vastly different accounting systems of European countries.
Disparate regulations, customs, and accounting practices throughout Europe present financial professionals with constant challenges. to meet these challenges the European Accounting Guide includes extensive historical background on the legal and economic environments, an examination of the different accounting standards and self-regulatory agencies, and presents sample financial statements. The Guide also covers the changes taking place as a result of European unification, and the implications of the attempts to harmonise accounting and reporting practices.
* Delivers comprehensive information on the accounting systems of 25 European countries to show how to translate accounts so they are internationally consistent, compatible and comparable
* Offers in-depth examinations of applicable accounting standards
* Supplies sample financial statements for each country
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