Download or read book Approaches and Theories to Standard Setting in Accounting written by Panagiotis Papadopoulos and published by GRIN Verlag. This book was released on 2011-12 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2011 in the subject Business economics - Accounting and Taxes, grade: 64, University of Westminster (Westminster Business School), course: Financial Accounting and Policy, language: English, abstract: Since the financial crisis in 2008 the topic regulation of the markets at all revived. The world was looking for guilty parties in Rating agencies, financial institutions, governments and lastly audit firms and institutions which gave them their working framework - the accounting standards. On the one hand the scream for more regulation in the private sector to protect the public good became louder and on the other hand scientists were warning of such overbearing steps because they would be damaging the economy. This issue provides the basis for this paper where accounting is seen as an eco-nomic good. Accounting information is not costless to produce for the corporations and it raises compliance costs. On the one hand managers are using accounting rules that minimize information costs and on the other hand shareholders want ac-counting rules that improve their ability to control and monitor the manager's action. Theoretically, financial accounting and reporting should be objective, neutral and apolitical. However, the standard setting process can be influenced by external groups with different interests.
Download or read book Accounting Theory written by Ahmed Riahi-Belkaoui and published by Nelson Australia. This book was released on 2002 with total page 566 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a comprehensive introduction to accounting theory for students who are majoring in accounting. This text will also provide an evaluation of accounting theory from a number of alternative perspectives and paradigms.
Download or read book Accounting Theory written by Harry I. Wolk and published by South Western Educational Publishing. This book was released on 1997 with total page 680 pages. Available in PDF, EPUB and Kindle. Book excerpt: The goal of this text is to provide students with increased knowledge about accounting research and the standard-setting process, as well as an in-depth look at major problem areas of financial accounting. It also aims to increase students analytical and critical-thinking skills through the use of cases, real-world examples, and writing assignments.
Download or read book Financial Accounting Theory and Analysis written by Richard G. Schroeder and published by . This book was released on 2005-01-04 with total page 614 pages. Available in PDF, EPUB and Kindle. Book excerpt: Updated and revised, Accounting Theory helps readers build strong critical thinking skills and a sound theoretical background in order to evaluate accounting practice in today's increasingly global world economy.
Download or read book Contemporary Issues in Accounting Regulation written by Stuart McLeay and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book An Introduction to Modern Financial Reporting Theory written by Brian A Rutherford and published by SAGE. This book was released on 2000 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains the content of the Accounting `Standards Board's new Statement of Principles for Financial Reporting' in an accessible language, specifically for the student of accounting and finance.
Download or read book Accounting Theory written by Harry I. Wolk and published by SAGE. This book was released on 2008 with total page 697 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents complex materials in a clear and understandable manner. Incorporating the latest accounting standards and presenting the most up-to-date accounting theory from the top academic journals in accounting and finance throughout the world.
Download or read book Accounting Theory and Standards written by P. Mohana Rao and published by Deep and Deep Publications. This book was released on 2006 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Nature of Accounting Regulation written by Ian Dennis and published by Routledge. This book was released on 2013-10-15 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.'
Download or read book Accounting Theory written by Harry I. Wolk and published by SAGE Publications. This book was released on 2016-06-04 with total page 605 pages. Available in PDF, EPUB and Kindle. Book excerpt: This updated Ninth Edition of Accounting Theory: Conceptual Issues in a Political and Economic Environment continues to be one of the most relevant and comprehensive texts on accounting theory. Authors Harry I. Wolk, James L. Dodd, John J. Rozycki provide a critical overview of accounting as a whole as well as touch on the financial issues in economic and political contexts, providing readers with an understanding of how current United States accounting standards were derived and where we might be headed in the future. Readers will find learning tools such as questions, cases, problems and writing assignments to solidify their understanding of accounting theory and gain new insights into this evolving field.
Download or read book Accounting Theory written by Jayne Godfrey and published by Wiley. This book was released on 2003-07-25 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accounting Theory 5th edition is the new edition of the market leading theory textbook. The 5th edition has been updated to enhance student understanding of the role of accounting theory and the application of accounting theory in the professional environment. Increasingly, students have failed to appreciate the relevance of studying accounting theory due to the esoteric nature of the discipline and its lack of any obvious correlation to a discrete accounting process. The new edition addresses this issue and makes the link to industry more clear through chapter vignettes and case studies. The new edition goes further to align the study of accounting theory to the professional environment domestically and internationally. To achieve this, the new edition includes a "International View" vignette in each chapter to profile the international response or thinking on relevant issues, ?Theory in Action? boxes illustrate the chapter material by way of presenting professional examples to build understanding and end of chapter case studies have develop and apply student understanding of the material. The new edition continues to provide the latest research and the most comprehensive discussion of material whilst maintaining its critical perspective.
Download or read book Accounting Theory And Practice written by Dr. Mayank Malviya and published by Academic Guru Publishing House. This book was released on 2023-10-16 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Accounting Theory and its Practice” is a comprehensive book that explores the dynamic interplay between accounting theory and its real-world application. Authored by renowned experts in the field, this book offers valuable insights into the theoretical foundations of accounting and how these theories are put into practice in diverse business contexts. The book delves into the conceptual underpinnings of accounting, providing readers with a solid understanding of the fundamental principles that govern financial reporting and analysis. It discusses various accounting theories, including normative theories (which prescribe how accounting should be done), positive theories (which seek to explain how accounting is actually practiced), and critical theories (which analyze the broader socio-political implications of accounting practices). This multi-dimensional approach helps readers appreciate the complexity and depth of the accounting discipline. One of the strengths of “Accounting Theory and its Practice” is its focus on the practical application of accounting theories. It highlights the role of accounting standards, such as Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS), in shaping financial reporting practices across the globe. The book also offers real-world examples and case studies that illustrate how accounting theories are translated into financial statements and disclosures, demonstrating the relevance of theory in day-to-day accounting tasks. The book delves into contemporary accounting issues, including sustainability reporting, the impact of digital technologies on accounting practices, and the evolving role of accountants in an increasingly complex and globalized business environment. It provides a holistic view of accounting’s role in decision-making processes, showing how it informs financial decisions, corporate governance, and regulatory compliance.
Download or read book Accounting Theory written by Jayne Godfrey and published by Wiley. This book was released on 2006-06-26 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: AUTHORS Jayne Godfrey, Monash University Allan Hodgson, University of Amsterdam Scott Holmes, University of Newcastle Ann Tarca, University of Western Australia DESCRIPTION Accounting Theory 6e is the new edition of this widely respected accounting theory textbook. The new edition has been updated in accordance with the new IASB Framework and addresses the differences in reported information as a consequence of international harmonisation of accounting standards and accounting choices. Throughout this edition, new developments in accounting theory are supported with links to professional experiences, both locally and internationally. The Framework of the International Financial Reporting Standards (IFRS) has required significant consolidation and rewriting of chapters. More than ever, the focus of this new edition is to provide students with an understanding of the Framework and how accounting information can be interpreted and applied in practice. The new edition continues to provide the latest research and the most comprehensive discussion of material whilst maintaining its critical perspective. NEW TO THIS EDITION New author, Ann Tarca, whose research focus is on international financial reporting standards and practices. She has a particular interest in international issues including standard setting, regulation and enforcement. Part 4 \'Accounting regulation and specific issues\' has been thoroughly revised in accordance with the IASB Framework The adoption of \'fair value accounting\', as a consequence of IFRS, has now elevated Chapter 15 \'Measurement of assets and liabilities\' to a higher level New and expanded \'Theory in Action\' chapter vignettes and end of chapter case studies illustrate and apply the principles of accounting theory. FEATURES Increased pedagogy to ensure student understanding of the key concepts, such as: New chapter \'Summary\' reiterates key chapter learning objectives New \'Theory in Action\' chapter vignettes New end of chapter activities, including case studies that will apply understanding to professional events Thorough revision in accordance with IASB Framework together with SAC1 and SAC 2 that make up the conceptual framework in Australia \'International View\' vignettes highlight international opinions and approaches to accounting theories End of book glossary is ideal for studying key terms ABOUT THE AUTHORS Prof. Jayne Godfrey, BCom (Hons), DipEd, MEc, PhD, is Deputy Dean - Research at Monash University Faculty of Business and Economics. Her extensive list of publications in high quality internationally refereed journals draw upon a range of accounting theories. Jayne serves on editorial boards and referees for international and Australian journals. For her service to Australian society through business leadership, Jayne was awarded Australia\'s Centenary Medal. A past member of the Australian Accounting Standards Board, and past President of the Accounting Association of Australia and New Zealand, she frequently addresses international and national audiences concerning accounting research issues. Jayne\'s research focuses upon the role of accounting in generating and distributing economic resources - including the contracting and capital market causes and consequences of earnings management, and auditor specialisation. Prof. Allan Hodgson, BEc (Hons), MEc, PhD (ANU), is Professor of Financial Accounting and Head of Accounting and Control at the University of Amsterdam in the Netherlands. He has lectured in accounting theory and financial statement analysis for the past twenty five years at tertiary institutions in Europe, Australia, the UK and the US. His research interests include derivative markets, the relevance of accounting variables for firm and intangible pricing, and corporate governance with a focus on insider-trading. Prof. Scott Holmes B.Com. (N\'cle), PhD (ANU) FCPA is currently Dean of Graduate Studies and Professor of Accounting, The University of Newcastle and Adjunct Professor UQ Business School, The University of Queensland. Scott has held academic positions at a number of universities, including: Australian National University, QUT, University of Queensland, University of Arizona and University of Oregon. Scott has published widely within the accounting literature and has served as an editor/associate editor of the Accounting Research Journal for the past 13 years. He has also acted as a consultant to several of the multinational accounting firms. In 2004 Scott was made a life member of the Small Enterprise Association of Australia and New Zealand in recognition of his research in the area of small firm financial management and reporting. Scott\'s current research focus is on valuing and accounting for biodiverse assets at both the corporate and macro levels. Dr Ann Tarca, PhD, MAcc, BCom, is a senior lecturer in accounting in the Business School at the University of Western Australia. She has over 15 years teaching experience, with the last ten years being spent at UWA working with both undergraduate and post-graduate students. Following from her experience as a chartered accountant in public practice, her research has focused on financial reporting standards and practices. She has a particular interest in international issues including standard setting, regulation and enforcement.
Download or read book Financial Accounting Theory written by William Robert Scott and published by Prentice Hall. This book was released on 2000 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: Appropriate for Financial Accounting Theory courses at both the senior undergraduate and professional master's levels. This newly revised text provides a theoretical approach to financial accounting in Canada, without overlooking institutional structure and standard setting. Important research papers are selected for description and commentary, while extensive references to other research papers underlie the text discussion.
Download or read book Politics of Accounting Standard setting written by Mohamed ElMutassim Hussein and published by . This book was released on 1986 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Accounting Standards in Evolution written by J. A. Milburn and published by Prentice Hall. This book was released on 2001 with total page 711 pages. Available in PDF, EPUB and Kindle. Book excerpt: Appropriate for financial accounting theory courses at both the senior undergraduate and professional master's levels. The primary purpose of this book is to describe present-day accounting standards and to evaluate them in conceptual terms. With great emphasis on the past development of accounting ideas, Milburn and Skinner write with three main objectives in mind. The first is to examine the standards that govern financial reporting. The second is to explore the general theory underlying accounting standards, and the particular thinking that has influenced the form taken by individual standards. The third is to critically evaluate the standards and underlying theory of accounting.
Download or read book Research Standard Setting and Global Financial Reporting written by Mary E. Barth and published by Now Publishers Inc. This book was released on 2007 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research, Standard Setting, and Global Financial Reporting aids researchers in conducting research relevant to global financial reporting issues, particularly those of interest to financial reporting standard setters. Research, Standard Setting, and Global Financial Reporting describes the relation between research and standard-setting issues; explains how a variety of research designs can be used to address questions motivated by standard-setting issues, including valuation research and event studies; offers examples of research addressing a specific global standard-setting issue - use of fair value in measuring accounting amounts; offers further opportunities for future research on specific standard-setting topics by providing motivating questions relating to the major topics on the agendas of the FASB and IASB; explains how the IASB aims to achieve its mission of developing a single set of high quality accounting standards that are accepted worldwide; summarizes extant evidence on the relative quality of accounting amounts across global standard-setting regimes and whether global financial reporting is achievable or even desirable. Research, Standard Setting, and Global Financial Reporting examines opportunities for future research on issues related to globalization of financial reporting by identifying motivating questions that are potentially avenues for future research.
