Editorial Reviews
Review
“The authors expand the issue of fairness in accounting beyond the traditional view of 'presented fairly in conformity with GAAP' to include fairness in distribution of accounting information, nontraditional disclosure needs, and intrafirm disclosure requirements... Chapters 2 3, and 4 examine fairness in the distribution of accounting information (neutrality), fairness in the extent of disclosure neccessary, and fairness in intrafirm reporting and its impact on managerial behavior. Several philosophical concepts of distributive justice are applied to accounting, such as social justice, liberty, economic entitlement, right to well-being, freedom, opportunism, and enw forms of accounting (value added, social, and human resources). These three chapters should be required reading for Financial Accounting Standards Board members, SEC commisioners, and other rule setters.”–
Book Description
Auditor's reports declare that the financial statements contained in them present fairly the results of operations and cash flows, in conformity with generally accepting accounting principles. Users of accounting information are guaranteed that the auditors have attempted to be fair in their presentation -- but what does this actually mean, and are there other ways in which the fairness concept comes into play? Monti-Belkaoui and Riahi-Belkaoui explore these matters in concise, readable detail, not only for their colleagues in the academic community but for professionals in accounting firms as well.
Fairness in Accounting
Fairness in Accounting,Janice Monti-Belkaoui,Ahmed Riahi-Belkaoui,Quorum Books,1567200184,Accounting (General),Accounting - General,Business & Economics,Business / Economics / Finance,Business/Economics,Disclosure in accounting,Fairness,Financial statements,Quality control,Business & Economics / Accounting / General
Hot Books:
Recommended Books