Artículos relacionados a Accounting: How to Meet the Challenges of Relevance...

Accounting: How to Meet the Challenges of Relevance and Regulation: 7 (Studies in the Development of Accounting Thought) - Tapa dura

Libro 6 de 26: Studies in the Development of Accounting Thought

Previts, Gary

 
9780762310784: Accounting: How to Meet the Challenges of Relevance and Regulation: 7 (Studies in the Development of Accounting Thought)
Tapa dura
ISBN 10: 0762310782 ISBN 13: 9780762310784
Editorial: Jai Press Inc., 2004

Sinopsis

Is the average accountant being strangled by overregulation? Have traditional accounting and auditing practices been misunderstood and unfairly maligned? Can anything be done to reverse these damaging trends? In the 1984 edition of this book, Eugene H. Flegm gave an emphatic yes to all three questions. However, none of his suggestions were followed and today the condition of the accounting profession (defined as to include those in business as well as public accounting) is in dire straits. The regulators - FASB, SEC and the AICPA - have continued to overwhelm practicing accountants with a continuation of detailed rules making. In this updated version of his book, Mr. Flegm explains the causes of the current crisis, how the accounting profession and the FASB failed to deal with the developing problems 20 years ago, and how there is still some hope that the integrity of the profession can be restored. He reiterates his basic belief that only an historical cost based system can be used to establish the badly needed reliability in financial data which after all is why financial statements are relevant at all. He also brings to question whether or not the AICPA and the public auditing firms have not forfeited their self regulation franchise.

"Sinopsis" puede pertenecer a otra edición de este libro.

Reseña del editor

Is the average accountant being strangled by overregulation? Have traditional accounting and auditing practices been misunderstood and unfairly maligned? Can anything be done to reverse these damaging trends?

In the 1984 edition of this book, Eugene H. Flegm gave an emphatic yes to all three questions. However, none of his suggestions were followed and today the condition of the accounting profession (defined as to include those in business as well as public accounting) is in dire straits. The regulators--FASB, SEC and the AICPA--have continued to overwhelm practicing accountants with a continuation of detailed rules making.

In this updated version of his book, Mr. Flegm explains the causes of the current crisis, how the accounting profession and the FASB failed to deal with the developing problems 20 years ago, and how there is still some hope that the integrity of the profession can be restored.

He reiterates his basic belief that only an historical cost based system can be used to establish the badly needed reliability in financial data which after all is why financial statements are relevant at all. He also brings to question whether or not the AICPA and the public auditing firms have not forfeited their self regulation franchise.

"Sobre este título" puede pertenecer a otra edición de este libro.

Editorial
Jai Press Inc.
Año de publicación
2004
Idioma
Inglés
ISBN 10 
0762310782
ISBN 13 
9780762310784
Encuadernación
Tapa dura
Número de páginas
286
Contacto del fabricante
no disponible
Persona responsable
Easy Access System Europe Oü
gpsr.requests@easproject.com

Mustamäe tee 50
Tallinn
10621
Estonia