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 Milton Friedman by Ruth Ann McEwen
Cover of the book Free Capital by Ruth Ann McEwen
Cover of the book The Landlord's Handbook by Ruth Ann McEwen
Cover of the book Letters from the Chestnut Tree Cafe by Ruth Ann McEwen
Cover of the book Optimising Distressed Loan Books by Ruth Ann McEwen
Cover of the book The History of Mining by Ruth Ann McEwen
Cover of the book How to Invest in Gold: A guide to making money (or securing wealth) by buying and selling gold by Ruth Ann McEwen
Cover of the book Professional Investor Rules by Ruth Ann McEwen
Cover of the book The Best Investment Writing Volume 2 by Ruth Ann McEwen
Cover of the book The Foreign Exchange Matrix by Ruth Ann McEwen
Cover of the book Cook Wrap Export by Ruth Ann McEwen
Cover of the book Conscious Investing by Ruth Ann McEwen
Cover of the book Style by Ruth Ann McEwen
Cover of the book University Intellectual Property by Ruth Ann McEwen
Cover of the book Creating Risk Capital 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