The Nature Of Accounting Regulation

Author : Ian Dennis
Publisher : Routledge
Page : 230 pages
File Size : 46,8 Mb
Release : 2013-10-15
Category : Business & Economics
ISBN : 9781134451524

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The Nature of Accounting Regulation by Ian Dennis Pdf

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.'

Author : Roberto Di Pietra,Stuart McLeay,Joshua Ronen
Publisher : Springer Science & Business Media
Page : 412 pages
File Size : 45,9 Mb
Release : 2013-11-05
Category : Business & Economics
ISBN : 9781461480976

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Accounting and Regulation by Roberto Di Pietra,Stuart McLeay,Joshua Ronen Pdf

Since 1998, the world’s leading experts on accounting and regulation have convened in a series of workshops to explore and analyze emerging issues in the field. They have covered a wide array of topics, including corporate governance, auditing, financial disclosure, international standards boards, and the dynamics of markets and institutions. Most recently, they have focused on the role that accounting practices and policies may have played in the global financial crisis of 2008. In this volume, the editors showcase contributions from the workshops that represent the full spectrum of issues and perspectives relating to accounting and regulation. Each paper incorporates the most current examples and references to reflect the latest insights, with an emphasis on exploring future implications for theory and research, practice, and policymaking. ​

Author : Sebastian Botzem
Publisher : Edward Elgar Publishing
Page : 233 pages
File Size : 53,9 Mb
Release : 2012-01-01
Category : Law
ISBN : 9781781001066

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The Politics of Accounting Regulation by Sebastian Botzem Pdf

'How and why do transnational regulatory bodies emerge? How do they acquire the authority and confidence to be actors in their own right? These questions preoccupy scholars in many disciplines and Sebastian Botzem's The Politics of Accounting Regulation makes an important contribution to the debates. Focusing on the case of the International Accounting Standards Board over a critical period of its development including the financial crisis Botzem addresses its evolution as an organization which produces accounting standards and whose efforts to be outside politics are inevitably and irredeemably political in nature. This book is essential reading for sociologists, political scientists, accountants and anyone else interested in the organization of global governance.' Michael Power, London School of Economics, UK The financial crisis underlines the relevance of accounting standards as much more than instrumental rules for corporate reporting. This important book outlines the accounting standards that embody societal and professional values and contribute to the distribution of financial benefits that put international harmonization of standards into the limelight. Sebastian Botzem reveals that international standards have emerged after decades of contest and political bargaining which resulted in closely aligned standards, voluntary consultation procedures and a network structure comprising actors mainly stemming from global auditing firms, regulators and international organizations.

Author : Ian Dennis
Publisher : Routledge
Page : 136 pages
File Size : 45,7 Mb
Release : 2013-10-15
Category : Business & Economics
ISBN : 9781134451456

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The Nature of Accounting Regulation by Ian Dennis Pdf

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.'

Author : Yuri Biondi,Stefano Zambon
Publisher : Routledge
Page : 531 pages
File Size : 55,8 Mb
Release : 2013
Category : Business & Economics
ISBN : 9780415887021

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Accounting and Business Economics by Yuri Biondi,Stefano Zambon Pdf

The recent financial crisis has sparked debates surrounding the nature and role of accounting in informing capital markets and regulatory bodies about the financial performance and position of a firm. These debates have drawn attention to the broader implications of accounting for the economy and society. Accounting and Business Economics brings together leading international scholars to examine the current state of accounting theory and its fundamental connection with the economics and finance of firms, viewing the business entity from not only accounting, but also national, economic, social, political, juridical, anthropological, and moral points of view.

Author : Don E. Garner,Dennis M. Murphy
Publisher : Unknown
Page : 524 pages
File Size : 49,9 Mb
Release : 1975
Category : Accounting
ISBN : UCSC:32106000974334

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The Nature and Purpose of Accounting by Don E. Garner,Dennis M. Murphy Pdf

Author : Stuart McLeay,Angelo Riccaboni
Publisher : Springer Science & Business Media
Page : 225 pages
File Size : 53,8 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461545897

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Contemporary Issues in Accounting Regulation by Stuart McLeay,Angelo Riccaboni Pdf

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 : Hendrik Rudolf Beukes Oppermann
Publisher : Juta and Company Ltd
Page : 228 pages
File Size : 55,9 Mb
Release : 2008-04
Category : Business & Economics
ISBN : 0702176990

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Accounting Standards in Brief by Hendrik Rudolf Beukes Oppermann Pdf

This text has been written to assist learners who are exposed to accounting standards. Changes brought about by new accounting statements, issued as a consequence of the South African Institute of Chartered Accountants' Improvement of Accounting Standards Project, have largely been incorporated in this edition. The publication is intended to satisfy the specific requirements of learners not training to become chartered accountants.

Author : Andrew Higson
Publisher : SAGE
Page : 242 pages
File Size : 46,5 Mb
Release : 2002-12-13
Category : Business & Economics
ISBN : 9781412932424

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Corporate Financial Reporting by Andrew Higson Pdf

`This is a book which should be read by all students, whether undergraduate and postgraduate. It also provides a succinct guide for the manager who wishes to come to grips with this topic, or the accountant nostalgic to recollect the non too praiseworthy and indecisive history of this topic′ - Managerial Auditing Journal Corporate Financial Reporting critically examines contemporary corporate financial reporting. The complexity of the reporting process and the myriad of issues facing the directors, accountants and auditors can only be successfully understood from a firm conceptual base. Recent financial scandals clearly highlight the interrelationships between all the themes explored in this book, from financial reporting to auditing, from management′s motivations to fraud. Special features of this book include: - A critical examination of accounting ′theory′ - Senior practitioners′ insights on ′a true and fair view′ - An exploration of ′the financial reporting expectations gap′ - A discussion of the nature of ′corporate performance′ - An examination of corporate fraud - An examination of the implications of ′real-time′ reporting by companies - Discussion questions at the end of each chapter The book will be relevant to advanced undergraduate as well as postgraduate and MBA students.

Author : Michael Gibbins,Alister K. Mason,Canadian Institute of Chartered Accountants
Publisher : CICA = ICCA
Page : 230 pages
File Size : 42,9 Mb
Release : 1988
Category : Business & Economics
ISBN : UOM:35128000973923

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Professional Judgment in Financial Reporting by Michael Gibbins,Alister K. Mason,Canadian Institute of Chartered Accountants Pdf

Examines the nature and practice of professional judgement in financial reporting: professional judgement on accounting measurement, presentation and disclosure issues.

Author : Roger Hussey,Audra Ong
Publisher : Business Expert Press
Page : 132 pages
File Size : 44,5 Mb
Release : 2019-11-08
Category : Business & Economics
ISBN : 9781946646873

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A Non-Technical Guide to International Accounting by Roger Hussey,Audra Ong Pdf

Business has become more international and more complex. Whether you are a manager, a student, or someone generally interested in corporate financial information, you want information and you want to understand that information. Companies in all countries are required to generate financial information, if for no other reason than to settle their tax obligations. If you are interested in the larger companies, such as those listed on a stock exchange, they must make financial information public, and the nature and type of that information is strictly regulated. Companies must comply with accounting standards. Many countries use the International Accounting Standards issued by the IFRS Foundation. This is a not-for-profit international organization that has developed a single set of high-quality global accounting standards. These standards can be complex, but this book explains clearly the main requirements.

Author : Christopher Nobes
Publisher : Routledge
Page : 153 pages
File Size : 54,8 Mb
Release : 1992-01-01
Category : Business & Economics
ISBN : 0415070902

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International Classification of Financial Reporting by Christopher Nobes Pdf

With the growing integration of the international economy the international differences in financial reporting practices have never been so important in multinational business. Recent reforms in International Accounting Standards, combined with the continuing European harmonization, have placed this topic high on the current agenda of both researchers and of business analysts actively concerned with international accounting practice. This new, updated edition of Christopher Nobes' International Classification of Financial Reporting examines the causes and nature of the differences between financial reporting practices in different countries, charting all the many significant developments to have taken place through the 1980s. The relevant research published during this period is discussed, alongside the effects of the regulatory changes that have taken place. Improvements in the existing system of classification in financial reporting are proposed in the light of the accelerated process of harmonization currently taking place. The resulting volume is an indispensable source for academics and professionals in international accounting and for all who are engaged in the process of European harmonization.

Author : David Solomons,Inst Chart Accountants Staff
Publisher : Routledge
Page : 134 pages
File Size : 51,5 Mb
Release : 2021-12-13
Category : Business & Economics
ISBN : 9781000524895

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Guidelines for Financial Reporting Standards by David Solomons,Inst Chart Accountants Staff Pdf

First Published in 1997. David Solomons was originally invited to prepare his Guidelines for Financial Reporting Standards by Professor Bryan Carsberg, who was Director of Research at the Institute of Chartered Accountants in England and Wales until 1987. The Guidelines made a considerable impact in the UK, achieving the unusual feat of bringing conceptual issues out of the academic journals and into the professional press.

Author : Norman Macintosh
Publisher : Routledge
Page : 200 pages
File Size : 44,7 Mb
Release : 2013-04-03
Category : Business & Economics
ISBN : 9781136011269

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Accounting, Accountants and Accountability by Norman Macintosh Pdf

In the business world, recent years have seen a growing acknowledgement of the value of intangible assets rather than physical assets. This has precipitated a crisis in the accounting industry: the accounting representations relied upon for years can no longer be taken for granted. Here, Norman Macintosh argues that we now need to understand accounting in a different manner. Offering several different ways of looking at accounting and accountants, he draws upon the work of eminent thinkers such as Barthes, Baudrillard, Derrida, Foucault, Lyotard and Bahktin. In doing this, he develops revolutionary insights into the nature of accounting, pioneering the introduction of contemporary poststructuralist ideas into accounting theory and practice. With a wide range of examples and case studies and now available in paperback for the first time, this revolutionary new work will be essential reading for academic and professional accountants along with all those with an interest in the future of accounting.

Author : Carolin Becker
Publisher : GRIN Verlag
Page : 14 pages
File Size : 53,6 Mb
Release : 2005-04-13
Category : Business & Economics
ISBN : 9783638365376

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The Conceptual Framework in the United Kingdom and the Introduction of the Statement of Principles by Carolin Becker Pdf

Presentation (Handout) from the year 2005 in the subject Business economics - Accounting and Taxes, grade: 1,3, Glyndŵr University, Wrexham known as NEWI (Nort East Wales Institute of higher Education), course: Advanced Financial Accounting, language: English, abstract: “A conceptual framework is a statement of principles providing generally accepted guidance for the development of new reporting practices and for challenging and evaluating the existing practices. “ (Weetman, 2003a) An accounting conceptual framework can be defined as: “a coherent system of inter-related objectives and fundamentals that should lead to consistent standards that prescribe the nature, function and limits of financial accounting and financial statements.” (Lynch, 1998) The International Accounting Standards Committee (now Board) published its conceptual framework in 1989. It is intended to guide both international and national standard setters when setting standards, and to assist prepares and auditors when interpreting standards or dealing with issues that the standards do not cover.