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Accounting Standards Book

Accounting Standards
Accounting Standards, Following a spate of high-profile financial scandals (including Enron, WorldCom, and Parmalat), the quality of financial information has come under increasing scrutiny. Many of the accounting standards being imposed on the profession by regulators and sta, Accounting Standards has a rating of 3 stars
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Accounting Standards, Following a spate of high-profile financial scandals (including Enron, WorldCom, and Parmalat), the quality of financial information has come under increasing scrutiny. Many of the accounting standards being imposed on the profession by regulators and sta, Accounting Standards
3 out of 5 stars based on 2 reviews
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  • Accounting Standards
  • Written by author R.A. Rayman
  • Published by Taylor & Francis, Inc., November 2005
  • Following a spate of high-profile financial scandals (including Enron, WorldCom, and Parmalat), the quality of financial information has come under increasing scrutiny. Many of the accounting standards being imposed on the profession by regulators and sta
  • Within the context of the financial scandals on Enron, Tyco et al, the accounting profession is under scrutiny as never before. More importantly, the basis of financial accounting, the standards and guidelines by which company accounts are both drawn up,
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Foreword. Introduction. Part I: The Noble Art of Counting Beans 1. Stewardship Reporting: The Physical Dimension 2. Business Accounting 3. Performance Reporting: the Value Dimension Part II: The Measurement of Income and Value 4. Economic Income and Accounting Profit 5. The Inflation Accounting 'Debate' 6. Historical Cost or Current Value? Part III: A Theoretical Blind Alley 7. Value Change: A Wrong Turning? 8. Asset Valuation: A Convenient Distraction? 9. Fair Value Accounting: A Dead End? Part IV: Back to Basics 10. What's Wrong with Investment Theory? 11. The 'Threshold of Measurement' 12. The Fatal Conceit of Managerial Capitalism 13. What's Wrong with Accounting Standards? Part V: The Segregation of Funds and Value 14. Financial Performance and the Investment Rate 15. A Segregated System of Funds and Value Accounting 16. Management and the Auditor: A Question of Public Accountability Part VI: Truth in Accounting 17. Elimination of the Expectation Gap 18. Reconstruction of the Conceptual Framework 19. Accounting Truth and Economic Reality. Appendices


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