Written by a well-known author, this book makes a major contribution to the history of financial reporting, exploring the current and international aspects of standard setting.
Compiled through consultation of a considerable amount of relevant literature and interviews with a large number of key players of the ASC, it analyzes the big ‘set battles’ between standard setters and preparers of financial statements, over topics such as price change accounting, goodwill, and leasing and foreign currency translation, the stand-offs which delayed development in specific areas and the smaller skirmishes which impeded the work of improving financial reporting.
It covers a range of topics, including:
the formulation of standards on specific topics the evolution of the institutional machinery of standard-setting the politics of standard-setting the theory of accounting standardization
the emergence of a conceptual framework for financial reporting.
A fine account of the period following the 1960s, charting the history of the Accounting Standards Committee, this book is an essential resource for business and finance students.
By:
B.A. Rutherford Imprint: Routledge Country of Publication: United Kingdom Volume: v. 2 Dimensions:
Height: 234mm,
Width: 156mm,
Spine: 30mm
Weight: 793g ISBN:9780415394215 ISBN 10: 041539421X Series:Routledge Historical Perspectives in Accounting Pages: 456 Publication Date:22 March 2007 Audience:
College/higher education
,
Professional and scholarly
,
Professional & Vocational
,
Primary
,
A / AS level
Format:Hardback Publisher's Status: Active
1. 'Present Troubles and More to Come' 2. The Invention of the Accounting Standard 3. Honeymoon Period: 1970-1974 4. Accounting for Changing Prices: The Struggle Begins 5. The Holy Grail 6. The Going Gets Tougher: 1975-1979 7. Reforming the System 8. The Art of the Possible: 1980-1984 9. Accounting for Changing Prices: The Struggle Continues and Ends Badly 10. Losing Steam? 1985-1990 11. Setting Accounting Standards 1969-1990: Technical and Political Realms