The Accounting Profession: Appendixes to Major issues, progress and concerns

The Accounting Profession: Appendixes to Major issues, progress and concerns PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Accounting
Languages : en
Pages : 180

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Book Description

The Accounting Profession: Appendixes to Major issues, progress and concerns

The Accounting Profession: Appendixes to Major issues, progress and concerns PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Accounting
Languages : en
Pages : 180

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Book Description


The Accounting Profession

The Accounting Profession PDF Author: Donald H. Chapin
Publisher: DIANE Publishing
ISBN: 0788135996
Category :
Languages : en
Pages : 184

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Book Description
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.

Accounting and Reporting Problems of the Accounting Profession

Accounting and Reporting Problems of the Accounting Profession PDF Author: Arthur Andersen & Co
Publisher:
ISBN:
Category : Accounting
Languages : en
Pages : 250

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Book Description


The Accounting Profession

The Accounting Profession PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Accounting
Languages : en
Pages : 180

Get Book Here

Book Description


The Accounting Profession

The Accounting Profession PDF Author: Donald H. Chapin
Publisher: DIANE Publishing
ISBN: 0788135988
Category :
Languages : en
Pages : 148

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Book Description
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.

Contemporary Issues in Accounting

Contemporary Issues in Accounting PDF Author: Dhia D. AlHashim
Publisher: Bobbs-Merrill Company
ISBN:
Category : Business & Economics
Languages : en
Pages : 304

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Book Description


Challenges facing the accounting profession

Challenges facing the accounting profession PDF Author: Cornelius Streit
Publisher: GRIN Verlag
ISBN: 3638527859
Category : Business & Economics
Languages : en
Pages : 11

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Book Description
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.

Contemporary Issues in Accounting

Contemporary Issues in Accounting PDF Author: Elaine Conway
Publisher: Springer
ISBN: 3319911139
Category : Business & Economics
Languages : en
Pages : 212

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Book Description
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.

Accounting for the Public Interest

Accounting for the Public Interest PDF Author: Steven Mintz
Publisher: Springer Science & Business Media
ISBN: 9400770820
Category : Philosophy
Languages : en
Pages : 284

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Book Description
This volume explores the opportunities and challenges facing the accounting profession in an increasingly globalized business and financial reporting environment. It looks back at past experiences of the profession in attempting to meet its public interest obligation. It examines the role and responsibilities of accounting to society including regulatory requirements, increased emphasis on corporate social responsibility, accounting fraud and whistle-blowing implications, internationalization of public interest obligations, and providing the education needed to be successful. The book incorporates an ethical dimension in making these assessments. Its focus is a conceptual, theoretical one drawing on classical philosophy, the sociology of professions, economic theory, and the public interest dimension of accountants as professionals. The authors of papers are long-time contributors to the annual symposium on Research in Accounting Ethics sponsored by the Public Interest Section of the AAA.

The Accounting Profession

The Accounting Profession PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category :
Languages : en
Pages : 139

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Book Description
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.