Accounting: How to Meet the Challenges of Relevance and Regulation (MODERN ACCOUNTING PERSPECTIVES AND PRACTICE)
Language: English
Published by John Wiley & Sons Inc, 1984
Series: Book 6 of 26 - Studies in the Development of Accounting Thought
- Hardcover
- Used
Seller: -OnTimeBooks-, Phoenix, AZ, U.S.A.-OnTimeBooks-
AbeBooks seller since March 9, 2023
Condition: Used - Good
£ 28.68
Quantity: 2 available
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A copy that has been read, remains in good condition. All pages are intact, and the cover is intact. The spine and cover show signs of wear. Pages can include notes and highlighting and show signs of wear, and the copy can include "From the library of" labels or previous owner inscriptions. 100% GUARANTEE! Shipped with delivery confirmation, if you're not satisfied with purchase please return item! Ships via media mail.
Seller Inventory # OTV.0471093262.G
- Title
- Accounting: How to Meet the Challenges of Relevance and Regulation (MODERN ACCOUNTING PERSPECTIVES AND PRACTICE)
- Author
- Eugene H. Flegm
- Publisher
- John Wiley & Sons Inc
- Publication year
- 1984
- Condition
- good
- 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.
-OnTimeBooks-
Phoenix, AZ, U.S.A.
AbeBooks seller since March 9, 2023
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