Worldwide Financial Reporting

The Development and Future of Accounting Standards

Robert E. Litan, Michael Bromwich, George J. Benston, et al.

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Oxford University Press img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Handels-, Wirtschaftsrecht

Beschreibung

International accounting standards tend to converge, as do auditing, enforcement and corporate governance, whereas trading of equity shares remains essentially national. The book provides a thorough analysis of what information investors really need, how financial accounting systems developed and their current requirements in major commercial countries, and examines current issues, particularly the benefits and costs a single or multiple accounting standards, the bases for accounting standards, and limitations to accounting disclosure in financial statements.

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