Download or read book Fairness in Accounting written by Janice Monti-Belkaoui and published by Praeger. This book was released on 1996-02-16 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Auditor's reports declare that the financial statements contained in them present fairly the results of operations and cash flows, in conformity with generally accepting accounting principles. Users of accounting information are guaranteed that the auditors have attempted to be fair in their presentation — but what does this actually mean, and are there other ways in which the fairness concept comes into play? Monti-Belkaoui and Riahi-Belkaoui explore these matters in concise, readable detail, not only for their colleagues in the academic community but for professionals in accounting firms as well. Fairness has an important place in the practice of accounting. It is stated in the auditor's report that the financial statements present fairly the results of operations and cash flows for the year ended in conformity with generally accepted accounting principles. The statement presents to the users and the market the guarantee that the accountants (as preparers) and the auditors (as attestors) have strived to be fair. This conventional nature of the concept of fairness is fairness in presentation, connoting an idea of neutrality in the preparation and presentation of financial reports and the idea of justice in outcome. This view of fairness in accounting as fairness in presentation is rather limited calling for expansion of the notion of fairness to deal with distribution, disclosure and resource allocation considerations. Accordingly, the main objective of this book is to explain the conventional notion of fairness in presentation before elaborating on the more interesting notions of fairness in distribution, fairness in disclosure and fairness in resource allocation. Each of these concepts is presented in a separate chapter. Chapter 1: The Fairness in Presentation will cover the conventional treatment of fairness in accounting as well as resulting limitations and consequences. Chapter 2:IFairness in Distribution will cover the contributions of various theories of justice (Rawls, Nozick, and Gerwith in particular) to different interpretations of fairness in accounting. Chapter 3: rness in DisclosureUsers will cover the avenues available for better disclosure to users in general that meet the interest of all the stakeholders. Chapter 4: rness and Entitlementl show how a moral authority espousing different theories of justice can reduce self-interest as it affects intrafirm distribution and disclosure. The book may be used as a guide to the understanding of the concept of fairness as fairness in presentation and to the expansion of the concept to deal with the more crucial issues of distribution, disclosure, and resource allocation. It should be of interest to members of the accounting profession and accounting students and researchers.
Download or read book A Search for Fairness in Financial Reporting to the Public 1956 1969 written by Leonard Spacek and published by . This book was released on 1969 with total page 622 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Search for Fairness in Financial Reporting to the Public 1969 1973 written by Leonard Spacek and published by . This book was released on 1969 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Accountants Liability written by Kevin S. Anderson and published by Public Interest. This book was released on 1994 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Readings in True and Fair written by Robert Henry Parker and published by Taylor & Francis. This book was released on 1996 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 1996. Routledge is an imprint of Taylor & Francis, an informa company.
Download or read book The Routledge Companion to Fair Value in Accounting written by Gilad Livne and published by Routledge. This book was released on 2018-06-13 with total page 814 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concept of "fair value" marked a major departure from traditional cost accounting. In theory, under this approach a balance sheet that better reflects the current value of assets and liabilities. Critics of fair value argue that it is less useful over longer time frames and prone to distortion by market inefficiencies resulting in procyclicality in the financial system by exacerbating market swings. Comprising contributions from a unique mixture of academics, standard setters and practitioners, and edited by internationally recognized experts, this book, on a controversial and intensely debated topic, is a comprehensive reference source which: examines the use of fair value in international financial reporting standards and the US standard SFAS 157 Fair Value Measurement, setting out the case for and against looks at fair value from a number of different theoretical and practical perspectives, including a critical review of the merits and arguments against the use of fair value accounting explores fair value accounting in practice, involvement in the Great Financial Crisis, implications for managerial reporting discretion, compensation and investment This volume is an indispensable reference that is deserving of a place on the bookshelves of both libraries and all those working in, studying, or researching the areas of international accounting, financial accounting and reporting.
Download or read book A Search for Fairness in Financial Reporting to the Public written by Leonard Spacek and published by . This book was released on 1969 with total page 599 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Search for Fairness in Financial Reporting to the Public written by Leonard Spacek and published by . This book was released on 1969 with total page 599 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Accounting Ethics written by Ronald F. Duska and published by John Wiley & Sons. This book was released on 2011-04-08 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new edition of Accounting Ethics has been comprehensively updated to deal with the significant changes within the accounting profession since 2002; the authors systematically explore the new range of ethical issues that have arisen as a result of recent developments, including the financial crisis of 2008. Highlights the debates over the use of fair-value accounting and principles- versus rules-based standards Offers a comprehensive overview of ethics in accounting, as well as an examination of and recommendations for solving the current crisis in this field Investigates the nature and purpose of accounting Uses concrete examples and case studies, including current situations Examines the ethical responsibilities of individual accountants as well as accounting firms
Download or read book A Search for Fairness in Financial Reporting to the Public written by Leonard Spacek and published by . This book was released on 1969 with total page 599 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Search for Fairness in Financial Reporting to the Public written by Leonard Spacek and published by . This book was released on 1969 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Search for Fairness in Financial Reporting to the Public written by Leonard Spacek and published by . This book was released on 1969 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Search for Fairness in Financial Reporting to the Public written by Leonard Spacek and published by . This book was released on 1973 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Transparency of Accounting Information in Achieving Good Corporate Governance True View and Fair Value written by Mariana Man and published by Infinite Study. This book was released on with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the key factors affecting the efficient use of resources, the increase of shareholders confidence in the managers of the company, the success in achieving objectives and economic efficiency is the system of corporate governance by which a company is managed and controlled.
Download or read book Game Theory in Management Accounting written by David Mueller and published by Springer. This book was released on 2017-09-21 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book demonstrates what kind of problems, originating in a management accounting setting, may be solved with game theoretic models. Game theory has experienced growing interest and numerous applications in the field of management accounting. The main focus traditionally has been on the field of non-cooperative behaviour, but the area of cooperative game theory has developed rapidly and has received increasing attention. Intensive research, in combination with the changing culture of publishing, has produced a nearly unmanageable number of publications in the areas concerned. Therefore, one main purpose of this volume is providing an intensive analysis of the intersection of these areas. In addition, the book strengthens the relationship between the theory and the practical applications and it illustrates the two-sided relationship between game theory and management accounting: new game theoretic models offer new fields of applications and these applications raise new questions for the theory.
Download or read book Logic Inductive and Deductive written by William Minto and published by . This book was released on 1915 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fairness Opinions written by Andrew Smith and published by Andrew Smith. This book was released on 2008-04-03 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fairness Opinions A fairness opinion, by definition, is a letter prepared by an experienced investment banker, or business appraiser, that states whether or not a transaction'from a financial point of view'is fair. The fairness opinion speaks to the ?fairness? of the financial terms of a transaction, as of a specific date, and given a set of assumptions.1 ?Fairness? in this context, parallels the notions of unbiased, impartial, and just. As denoted by the colloquial term ?fair play? or the business phrase ?an arm's length transaction,? a fairness opinion represents whether a deal is fair to shareholders, particularly a company's minority shareholders, all material matters and circumstances considered.
