Transparency in Financial Reporting

A concise comparison of IFRS and US GAAP

Business & Finance, Accounting, Financial
Cover of the book Transparency in Financial Reporting by Ruth Ann McEwen, Harriman House
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Ruth Ann McEwen ISBN: 9780857190222
Publisher: Harriman House Publication: March 18, 2010
Imprint: Harriman House Language: English
Author: Ruth Ann McEwen
ISBN: 9780857190222
Publisher: Harriman House
Publication: March 18, 2010
Imprint: Harriman House
Language: English
By January 2012 all major economies, apart from the US, will provide financial reports using International Financial Reporting Standards (IFRS). This book sets out the key differences between IFRS and US GAAP from a practitioner's perspective, although financial analysts will also benefit from the material presented. The financial crisis 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. Ruth Ann McEwen 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. Providing an invaluable guide for all accountancy professionals, the book also contains a technical analysis of major accounting issues raised by convergence, and indicates areas of interest during initial adoption of IFRS by US entities. This authoritative book provides all the essential information required for advanced practitioners and analysts at this critical juncture.
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
By January 2012 all major economies, apart from the US, will provide financial reports using International Financial Reporting Standards (IFRS). This book sets out the key differences between IFRS and US GAAP from a practitioner's perspective, although financial analysts will also benefit from the material presented. The financial crisis 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. Ruth Ann McEwen 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. Providing an invaluable guide for all accountancy professionals, the book also contains a technical analysis of major accounting issues raised by convergence, and indicates areas of interest during initial adoption of IFRS by US entities. This authoritative book provides all the essential information required for advanced practitioners and analysts at this critical juncture.

More books from Harriman House

Cover of the book Corporate Actions - A Concise Guide by Ruth Ann McEwen
Cover of the book Fear and Greed by Ruth Ann McEwen
Cover of the book Initial Public Offerings -- 2nd Edition by Ruth Ann McEwen
Cover of the book A Practical Guide to ETF Trading Systems by Ruth Ann McEwen
Cover of the book Wake Up and Sell the Coffee! by Ruth Ann McEwen
Cover of the book 101 Extraordinary Investments: Curious, Unusual and Bizarre Ways to Make Money by Ruth Ann McEwen
Cover of the book Property Uncovered by Ruth Ann McEwen
Cover of the book Beyond The Zulu Principle by Ruth Ann McEwen
Cover of the book How to Pick a Good Fund Manager by Ruth Ann McEwen
Cover of the book Simple But Not Easy by Ruth Ann McEwen
Cover of the book Quantitative Investing by Ruth Ann McEwen
Cover of the book How To Become A Business Angel by Ruth Ann McEwen
Cover of the book The Communist Manifesto by Ruth Ann McEwen
Cover of the book The Naked Trader by Ruth Ann McEwen
Cover of the book The Behavioral Investor by Ruth Ann McEwen
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy