Accounting Standards: True or False? (Hardback)R. A. Rayman (author)
- We can order this
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 standard-setting bodies are now attracting criticism from the business community and the accountancy profession itself.
In this book, Anthony Rayman traces a fundamental flaw in the conventional academic wisdom back to the nineteenth century, and proposes an alternative conceptual framework. He argues that effective corporate governance can be achieved, not by expensive and counterproductive regulations (like the US Sarbanes-Oxley Act and some International Accounting Standards), but by an enhanced accounting information system that exposes corporate management to the full rigour of market forces.
Publisher: Taylor & Francis Ltd
Number of pages: 230
Weight: 476 g
Dimensions: 235 x 159 x 14 mm
'This is a thought-provoking book that challenges the current direction of accounting standards and proposes an interesting alternative. Its novel perspective on financial reporting provides a framework for debating some of the key contemporary issues facing the accountancy profession.' - Colin Drury
You may also be interested in...
Please sign in to write a review