|
|
 |
|
Viewing report
|
|
|
|
Transparency in Financial Reporting
Harriman House Publishing , July 2009, Pages: 152
Transparency in Financial Reporting: A concise comparison of IFRS and US GAAP
By January 1, 2012, all major economies will provide financial reports using International Financial Reporting Standards (IFRS) except for Argentina, Greenland, parts of Africa and the United States. This book sets out the key differences between IFRS and US GAAP from a practitioner’s perspective, although financial analysts also will benefit from the material presented. The work identifies issues related to potential adoption of IFRS in the US and is aimed at intermediate to advanced practitioners and analysts.
The financial crisis which began in 2008 has been attributed to, among other things, a perceived lack of transparency in the financial markets. In general, transparency implies an ability to see the reported results of an entity’s financial activities clearly and to use these results in making investment decisions. At question is the belief that transparency in financial reporting will lead to transparency in financial markets. Unfortunately, this link may be more subjective than most of us wish.
This book presents an analysis of reporting issues affecting transparency under IFRS, compared with US GAAP, and suggests areas of concern for preparers and users of financial reports. The author also provides a technical analysis of major accounting issues raised by convergence, and indicates areas of interest during initial adoption of IFRS by US entities.
Reviews for Transparency in Financial Reporting
'This book will give professional accountants a terrific review of the IFRS/USGAAP differences and their affects on financial statement transparency. This is a well written, succinct, technically accurate and, above all, timely book.'
- Professor Morris McInnes, Associate Dean, Dean for Academic Affairs, Sawyer School of Management, Associate Dean - Accounting
Customers who bought this item also bought
Corporate Valuation for Portfolio Investment: Analyzing Assets, Earnings, Cash Flow, Stock Price, Governance, and Special Situations
A Practical Guide to IFRS for Derivatives and Structured Finance
Variable Annuities
E-Learning: Financial Accounting - A Comprehensive and Practical Online Guide for the Basics of Financial Accounting
SEC Regulation Outside the United States (6th ed)
International Financial Reporting Standards (IFRS) Financial Reporting Requirements Regarding the Useful Life of Information Technology Equipment
Federal Bank Holding Company Law, Third Edition
Securities - Global Outlook
The New CFO Financial Leadership Manual, 3rd Edition
Accounting, Auditing, and Bookkeeping Services - Global Outlook
|
|
|
|
