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Current Problems In The Accounting Profession
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Book Synopsis Contemporary Issues in Accounting by : Elaine Conway
Download or read book Contemporary Issues in Accounting written by Elaine Conway and published by Springer. This book was released on 2018-06-01 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book explores the developing challenges and opportunities within the business and finance world which are likely to impact the accounting profession in the near future. It outlines a number of approaches to ensure that the accountants of the future are equipped with a useful awareness of some of the key topic areas that are quickly becoming a reality and helps bridge the gap between academia and practice. The chapters are standalone introductory pieces to provide useful précis of key topics and how they apply to the accounting profession in particular. It aims to deliver key readings on ‘hot topics’ not addressed in other texts which the accounting profession is tackling or are likely to tackle soon. Hence the book provides accounting students and researchers a solid grounding in a broad range of highly relevant non-technical accounting themes, looking at the bigger environment in which future accountants will be operating, involving considerations of strategic corporate governance issues and highlighting competences beyond the standard technical accounting skill sets.
Book Synopsis Current Problems in the Accounting Profession by : James A. Cashin
Download or read book Current Problems in the Accounting Profession written by James A. Cashin and published by . This book was released on 1979 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Accounting Profession by : Donald H. Chapin
Download or read book The Accounting Profession written by Donald H. Chapin and published by DIANE Publishing. This book was released on 1996-12 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Concerns the status of recommendations made to the accounting profession over the past two decades by major study groups. Identifies (1) recommendations made from 1972-95 to improve accounting & auditing standards & the performance of independent audits under the federal securities laws & the actions taken on those recommendations, & (2) any unresolved issues to determine their impact on the performance of independent audits, effective accounting & auditing standards setting, & efforts to expand the scope of business reporting & audit services.
Book Synopsis The Accounting Profession by : Donald H. Chapin
Download or read book The Accounting Profession written by Donald H. Chapin and published by DIANE Publishing. This book was released on 1996-12 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contains the individual recommendations made by the major study groups affecting the accounting profession from 1972-95 & the actions taken on those recommendations. Includes a summary of the major studies, including the studies' report titles & information on the membership of the study groups; a list of experts on the subject of accounting & auditing & other knowledgeable individuals interviewed in the study; copies of written comments received from the AICPA, FASB, & the SEC on a draft of this report.
Book Synopsis The Accounting Profession: Appendixes to Major issues, progress and concerns by : United States. General Accounting Office
Download or read book The Accounting Profession: Appendixes to Major issues, progress and concerns written by United States. General Accounting Office and published by . This book was released on 1996 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Accounting Profession by : United States. General Accounting Office
Download or read book The Accounting Profession written by United States. General Accounting Office and published by . This book was released on 1996 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Challenges facing the accounting profession by : Cornelius Streit
Download or read book Challenges facing the accounting profession written by Cornelius Streit and published by GRIN Verlag. This book was released on 2006-07-29 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2006 in the subject Business economics - Accounting and Taxes, grade: 1,7, Nanyang Technological University, course: Auditing & Reporting, language: English, abstract: The accounting profession has an important significance in today’s business environment and faces many challenges in the upcoming years. This is caused on the one hand by a seemingly unending series of accounting scandals, which grabbed the newspaper headlines over the last few years, and on the other hand by new regulations and accounting standards, which where introduced by regulatory bodies worldwide to prevent frauds and accounting scandals in the future. Accounting scandals like Worldcom, Enron, Health South, Parmalat and many more have shaken the public’s trust in the accounting profession. Therefore it is vital for the profession to rebuild its credibility and to regain the trust of the market and investors.
Book Synopsis Contemporary Issues in Accounting by : Dhia D. AlHashim
Download or read book Contemporary Issues in Accounting written by Dhia D. AlHashim and published by Bobbs-Merrill Company. This book was released on 1979 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Accounting Profession by : United States. General Accounting Office
Download or read book The Accounting Profession written by United States. General Accounting Office and published by . This book was released on 1996 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Accounting Ethics by : Ronald F. Duska
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
Book Synopsis Accounting and Reporting Problems of the Accounting Profession by : Arthur Andersen & Co
Download or read book Accounting and Reporting Problems of the Accounting Profession written by Arthur Andersen & Co and published by . This book was released on 1976 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Accounting Profession by : United States. General Accounting Office
Download or read book The Accounting Profession written by United States. General Accounting Office and published by . This book was released on 1996 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public confidence in the fairness of financial reporting is critical to the effective functioning of the securities markets. Federal securities laws require public companies to disclose information that accurately describes the financial condition of a company. These laws also require that financial statements filed with the Securities and Exchange Commission (SEC) by public companies be audited by independent public accountants. During the past 20 years, costly, well-publicized, and unexpected business failures--such as the savings and loan crisis and the resulting government bailouts--have raised questions about what the public expects from an independent audit of public companies and how well the audit function meets those expectations. More recently, the globalization of business, the increasing complexities of business transactions, and advances in information technology have challenged the relevance and usefulness of traditional financial reporting and the auditor's role in serving the public interest. These issues, along with major litigation involving independent auditors, prompted many studies of financial reporting and auditing during the past two decades, resulting in hundreds of recommendations to the accounting profession. This report (1) identifies recommendations made from 1972 through 1995, and actions taken, to strengthen accounting and auditing standards and the performance of independent audits of publicly owned companies required by federal securities laws and (2) identifies unresolved issues and determines their impact on the performance of independent auditors, the setting of effective accounting and auditing standards, and the scope of business reporting and audit services. GAO found that although the accounting profession has made changes to improve financial reporting and auditing of public companies, several major issues remain unresolved. These issues include auditor independence, auditor responsibility for detecting fraud and reporting on internal controls, public participation in standard setting, the timeliness and relevance of accounting standards, and maintaining the independence of the Financial Accounting Standards Board. The appendices to this report can be found in GAO/AIMD-96-98A.
Book Synopsis Accounting and the Global Economy After Sarbanes-Oxley by : Don E. Garner
Download or read book Accounting and the Global Economy After Sarbanes-Oxley written by Don E. Garner and published by Routledge. This book was released on 2014-12-18 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is essential for students and practitioners in accounting, international business, finance, and economics. In a straightforward and readable style, it focuses on the changing accounting and auditing standards in national and global economies in the post-Enron/Arthur Andersen era. The authors clarify the reasons behind and consequences of the accounting profession's failure in auditing and self-regulation, as most firms placed consulting profits ahead of public audit duties. They show how Sarbanes-Oxley solutions, while not perfect, are major contributors to the profession's redemption, and have enabled it to rise to new heights of service and revenue. The book offers a detailed examination of accounting practitioners' past challenges and future prospects. It provides a realistic analysis of specific issues facing accounting and auditing firms today, including the growing problem of independence; the need for one set of international accounting standards and one set of auditing standards; adjustments facing the global financial system; and the impact of the Internet and communication systems on accounting firms.
Book Synopsis Aimd-96-98 the Accounting Profession by : United States Accounting Office (GAO)
Download or read book Aimd-96-98 the Accounting Profession written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-01-30 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: AIMD-96-98 The Accounting Profession: Major Issues: Progress and Concerns
Book Synopsis History of Public Accounting in the United States by : James Don Edwards
Download or read book History of Public Accounting in the United States written by James Don Edwards and published by Routledge. This book was released on 2020-09-04 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, first published in 1988, is a readable, concise history of the accounting profession in the US from its beginnings to the late twentieth century. It examines the roots of the profession, how it developed, how its standards have evolved, and what social, economic and legal forces have shaped it. The chapters form a series of dramatic highlights, illustrative of the multifarious problems besetting a young profession, catapulted into prominence by the economic and social forces of the twentieth century.
Book Synopsis The Accounting Profession by : United States. General Accounting Office
Download or read book The Accounting Profession written by United States. General Accounting Office and published by . This book was released on 1996 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pursuant to a congressional request, GAO reviewed recommendations, made by major study groups over the past two decades, to the accounting profession, focusing on: (1) actions the profession has taken between 1972 and 1995 to improve accounting and auditing standards and the performance of independent audits under federal securities laws; and (2) unresolved issues and their impact on the performance of independent audits, setting of accounting and auditing standards, and efforts to expand the scope of business reporting and audit services. GAO found that: (1) although the accounting profession and the Securities and Exchange Commission (SEC) have been responsive in making changes to improve financial reporting and auditing, their actions have not been totally effective in resolving some major issues; (2) concerns remain regarding auditor objectivity despite efforts by the accounting profession and SEC to strengthen auditor independence; (3) the accounting profession has issued standards and guidance regarding auditors' roles and responsibilities to close the gap between public and professional expectations of auditor responsibility, especially in regard to detecting and reporting fraud and internal control weaknesses; (4) a voluntary peer review program has improved audit quality control processes and the overall quality of audits; (5) SEC and the accounting profession have made efforts to increase user participation in setting audit standards, and attempts have also been made to improve the quality and timeliness of accounting standards; and (6) the accounting profession and SEC are considering recommendations to create a more comprehensive financial reporting model that would include historical and current cost information as well as more timely and forward-looking information.
Book Synopsis Contemporary Issues in Public Sector Accounting and Auditing by : Simon Grima
Download or read book Contemporary Issues in Public Sector Accounting and Auditing written by Simon Grima and published by Emerald Group Publishing. This book was released on 2021-01-18 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing a comprehensive account which brings a wide range of countries to the forefront in terms of both comparability and accountability, this study shines a light on the differences in accounting systems between states, and fills a gap in the literature by combining these aspects of public sector accounting and auditing within a single book.