Accounting and the Global Economy After Sarbanes-Oxley

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  • Accounting and the Global Economy After Sarbanes-Oxley Book Detail

  • Author : Don E. Garner
  • Release Date : 2014-12-18
  • Publisher : Routledge
  • Genre : Business & Economics
  • Pages : 272
  • ISBN 13 : 1317477839
  • File Size : 36,36 MB

Accounting and the Global Economy After Sarbanes-Oxley by Don E. Garner PDF Summary

Book Description: This book is essential for students and practitioners in accounting, international business, finance, and economics. In a straightforward and readable style, it focuses on the changing accounting and auditing standards in national and global economies in the post-Enron/Arthur Andersen era. The authors clarify the reasons behind and consequences of the accounting profession's failure in auditing and self-regulation, as most firms placed consulting profits ahead of public audit duties. They show how Sarbanes-Oxley solutions, while not perfect, are major contributors to the profession's redemption, and have enabled it to rise to new heights of service and revenue. The book offers a detailed examination of accounting practitioners' past challenges and future prospects. It provides a realistic analysis of specific issues facing accounting and auditing firms today, including the growing problem of independence; the need for one set of international accounting standards and one set of auditing standards; adjustments facing the global financial system; and the impact of the Internet and communication systems on accounting firms.

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Accounting for the Global Economy

Accounting for the Global Economy

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The book describes the construction method for a global accounting framework, referred to as the world accounting matrix (WAM). It shows how a WAM can be used f