Accounting: How to Meet the Challenges of Relevance and Regulation (MODERN ACCOUNTING PERSPECTIVES AND PRACTICE)
Language: English
Published by John Wiley & Sons Inc 0, 1984
Series: Book 6 of 26 - Studies in the Development of Accounting Thought
- Hardcover
- Used
Seller: Mispah books, Redhill, Surrey, United KingdomMispah books
AbeBooks seller since April 15, 2021
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Seller Inventory # ERICA82904710932623
- Title
- Accounting: How to Meet the Challenges of Relevance and Regulation (MODERN ACCOUNTING PERSPECTIVES AND PRACTICE)
- Author
- Flegm, Eugene H.
- Publisher
- John Wiley & Sons Inc 0
- Publication year
- 1984
- Condition
- Good
- Dust jacket
- Dust Jacket Included
- Book Type
- book
- Binding
- hardcover
- Language
- English
- ISBN 10
- 0471093262
- ISBN 13
- 9780471093268
- Series
- Book 6 of 26: Studies in the Development of Accounting Thought
In the 1984 edition of this book, Eugene H. Flegm gave an emphatic yes to all three questions. However, none of his suggestions were followed and today the condition of the accounting profession (defined as to include those in business as well as public accounting) is in dire straits. The regulators - FASB, SEC and the AICPA - have continued to overwhelm practicing accountants with a continuation of detailed rules making.
In this updated version of his book, Mr. Flegm explains the causes of the current crisis, how the accounting profession and the FASB failed to deal with the developing problems 20 years ago, and how there is still some hope that the integrity of the profession can be restored. He reiterates his basic belief that only an historical cost based system can be used the establish the badly needed reliability in financial data which after all is why financial statements are relevant at all. He also brings to question whether or not the AICPA and the public auditing firms have not forfeited their self regulation franchise.
"Synopsis" may belong to another edition of this title.
Mispah books
Redhill, Surrey, United Kingdom
AbeBooks seller since April 15, 2021
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We have collection of General books ,Science Books, Fiction & Academic Books. we ship from multiple location. Delhi, US and UK Return Address Mispah books flat4 , Centenary court, 30 Warwick Road Redhill , SURRE RH1 1FQ United Kingdom
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