Coverart for item
The Resource Accounting standards : true or false?, R.A. Rayman

Accounting standards : true or false?, R.A. Rayman

Label
Accounting standards : true or false?
Title
Accounting standards
Title remainder
true or false?
Statement of responsibility
R.A. Rayman
Creator
Subject
Language
eng
Summary
"Are International Accounting Standards closing the 'expectation gap' between what accounts are believed to represent and what they actually do represent? Or widening it still further?" "This book argues that 'fair value accounting' is a good label for stifling criticism; but it is highly misleading." "Tracing a fundamental flaw in the conventional academic wisdom back to the nineteenth century, this book proposes an alternative conceptual framework. Effective corporate governance is achievable, not by expensive and counterproductive regulations like the US Sarbanes-Oxley Act, but by an enhanced accounting information system that exposes corporate management to the full rigour of market forces." "This piece of analysis challenges the current direction of accounting standards and proposes an alternative. Its novel perspective on financial reporting provides a framework for debating some of the key contemporary issues facing the accountancy profession. Readable and accessible to a wide audience, it will be of interest to all accountants - students, academics, and practitioners."--BOOK JACKET
http://library.link/vocab/creatorName
Rayman, R. A
Index
index present
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/subjectName
  • International Accounting Standards Board
  • Accounting
  • Financial statements
Label
Accounting standards : true or false?, R.A. Rayman
Instantiates
Publication
Bibliography note
Includes bibliographical references and index
Contents
  • Pt. II.
  • The measurement of income and value
  • 4.
  • Economic income and accounting profit
  • 5.
  • The inflation accounting 'debate'
  • 6.
  • Historical cost or current value?
  • Pt. III.
  • A theoretical blind alley
  • Pt. I.
  • 7.
  • Value change : a wrong turning?
  • 8.
  • Asset valuation : a convenient distraction?
  • 9.
  • Fair value accounting : a dead end?
  • Pt. IV.
  • Back to basics
  • 10.
  • What's wrong with investment theory?
  • The noble art of counting beans
  • 11.
  • The 'threshold of measurement'
  • 12.
  • The fatal conceit of managerial capitalism
  • 13.
  • What's wrong with accounting standards?
  • Pt. V.
  • The segregation of funds and value
  • 14.
  • Financial performance and the investment rate
  • 1.
  • 15.
  • A segregated system of funds and value accounting
  • 16.
  • Management and the auditor : a question of public accountability
  • Pt. VI.
  • Truth in accounting
  • 17.
  • Elimination of the expectation gap
  • 18.
  • Reconstruction of the conceptual framework
  • Stewardship reporting : the physical dimension
  • 19.
  • Accounting truth and economic reality
  • App. A.
  • 'Economic income' : the fatal flaw
  • App. B.
  • The 'account's rate of profit' (ARP) and the 'internal rate of return' (IRR)
  • App. C.
  • The present value fallacy : a graphical representation
  • App. D.
  • The vital distinction between funds and value
  • 2.
  • Business accounting
  • 3.
  • Performance reporting : the value dimension
Control code
9315887
Dimensions
24 cm
Edition
1st ed
Extent
x, 230 p.
Isbn
9780415377805
Isbn Type
(hard cover)
Lccn
2005011716
System control number
  • (BNAtoc) 2005011716
  • (DLC) 2005011716
  • (Uk)013264981
  • 9315887
Label
Accounting standards : true or false?, R.A. Rayman
Publication
Bibliography note
Includes bibliographical references and index
Contents
  • Pt. II.
  • The measurement of income and value
  • 4.
  • Economic income and accounting profit
  • 5.
  • The inflation accounting 'debate'
  • 6.
  • Historical cost or current value?
  • Pt. III.
  • A theoretical blind alley
  • Pt. I.
  • 7.
  • Value change : a wrong turning?
  • 8.
  • Asset valuation : a convenient distraction?
  • 9.
  • Fair value accounting : a dead end?
  • Pt. IV.
  • Back to basics
  • 10.
  • What's wrong with investment theory?
  • The noble art of counting beans
  • 11.
  • The 'threshold of measurement'
  • 12.
  • The fatal conceit of managerial capitalism
  • 13.
  • What's wrong with accounting standards?
  • Pt. V.
  • The segregation of funds and value
  • 14.
  • Financial performance and the investment rate
  • 1.
  • 15.
  • A segregated system of funds and value accounting
  • 16.
  • Management and the auditor : a question of public accountability
  • Pt. VI.
  • Truth in accounting
  • 17.
  • Elimination of the expectation gap
  • 18.
  • Reconstruction of the conceptual framework
  • Stewardship reporting : the physical dimension
  • 19.
  • Accounting truth and economic reality
  • App. A.
  • 'Economic income' : the fatal flaw
  • App. B.
  • The 'account's rate of profit' (ARP) and the 'internal rate of return' (IRR)
  • App. C.
  • The present value fallacy : a graphical representation
  • App. D.
  • The vital distinction between funds and value
  • 2.
  • Business accounting
  • 3.
  • Performance reporting : the value dimension
Control code
9315887
Dimensions
24 cm
Edition
1st ed
Extent
x, 230 p.
Isbn
9780415377805
Isbn Type
(hard cover)
Lccn
2005011716
System control number
  • (BNAtoc) 2005011716
  • (DLC) 2005011716
  • (Uk)013264981
  • 9315887

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