Author: United States Accounting Office (GAO)
Publisher: Createspace Independent Publishing Platform
ISBN: 9781984213525
Category :
Languages : en
Pages : 178
Book Description
AIMD-96-98A The Accounting Profession: Appendixes to Major Issues: Progress and Concerns
Aimd-96-98a the Accounting Profession
Author: United States Accounting Office (GAO)
Publisher: Createspace Independent Publishing Platform
ISBN: 9781984213525
Category :
Languages : en
Pages : 178
Book Description
AIMD-96-98A The Accounting Profession: Appendixes to Major Issues: Progress and Concerns
Publisher: Createspace Independent Publishing Platform
ISBN: 9781984213525
Category :
Languages : en
Pages : 178
Book Description
AIMD-96-98A The Accounting Profession: Appendixes to Major Issues: Progress and Concerns
Aimd-96-98 the Accounting Profession
Author: United States Accounting Office (GAO)
Publisher: Createspace Independent Publishing Platform
ISBN: 9781984212955
Category :
Languages : en
Pages : 142
Book Description
AIMD-96-98 The Accounting Profession: Major Issues: Progress and Concerns
Publisher: Createspace Independent Publishing Platform
ISBN: 9781984212955
Category :
Languages : en
Pages : 142
Book Description
AIMD-96-98 The Accounting Profession: Major Issues: Progress and Concerns
The Accounting Profession
Author: United States. General Accounting Office
Publisher:
ISBN:
Category :
Languages : en
Pages : 139
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.
Publisher:
ISBN:
Category :
Languages : en
Pages : 139
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.
The Accounting Profession
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Accounting
Languages : en
Pages : 180
Book Description
Publisher:
ISBN:
Category : Accounting
Languages : en
Pages : 180
Book Description
Indexes for Abstracts of Reports and Testimony
Author:
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 556
Book Description
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 556
Book Description
The Accounting Profession
Author: Donald H. Chapin
Publisher: DIANE Publishing
ISBN: 0788135996
Category :
Languages : en
Pages : 184
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.
Publisher: DIANE Publishing
ISBN: 0788135996
Category :
Languages : en
Pages : 184
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.
Reports and Testimony
Author:
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 476
Book Description
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 476
Book Description
Month in Review ...
Author:
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 54
Book Description
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 54
Book Description
The Accounting Profession: Appendixes to Major issues, progress and concerns
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Accounting
Languages : en
Pages : 180
Book Description
Publisher:
ISBN:
Category : Accounting
Languages : en
Pages : 180
Book Description
Telecommunications, FTS 2000 Cost Comparison
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Administrative agencies
Languages : en
Pages : 220
Book Description
Publisher:
ISBN:
Category : Administrative agencies
Languages : en
Pages : 220
Book Description