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Building Public Trust: The Future of Corporate Reporting
Business reporting in a post-apocalypse global marketplace
Clearly, now is the time for creating an effective business-reporting model appropriate for the markets of the twenty-first century. Rather than start from scratch after the Enron-Andersen fiasco, two leading consultants from PricewaterhouseCoopers present a plan that supplements the current model, one in which executives, accountants, analysts, investors, regulators, and other stakeholders can truly embrace the spirit of transparency. The Future of Corporate Reporting highlights the best practices for global financial reporting, explaining the concept of "performance auditing," which focuses on the real performance of the business as opposed to technical adherence to GAAS. Eccles and Masterson also discuss the pros and cons of GAAP v. IAS, present new approaches to reforming financial reporting, and outline a twenty-first-century model of accounting that will improve markets and benefit shareholders.
Clearly, now is the time for creating an effective business-reporting model appropriate for the markets of the twenty-first century. Rather than start from scratch after the Enron-Andersen fiasco, two leading consultants from PricewaterhouseCoopers present a plan that supplements the current model, one in which executives, accountants, analysts, investors, regulators, and other stakeholders can truly embrace the spirit of transparency. The Future of Corporate Reporting highlights the best practices for global financial reporting, explaining the concept of "performance auditing," which focuses on the real performance of the business as opposed to technical adherence to GAAS. Eccles and Masterson also discuss the pros and cons of GAAP v. IAS, present new approaches to reforming financial reporting, and outline a twenty-first-century model of accounting that will improve markets and benefit shareholders.
- GenresBusiness
192 pages, Hardcover
First published June 14, 2002
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Displaying 1 - 2 of 2 reviews
April 5, 2016
Written in the wake of the Enron scandal, this book attempts to describe the importance of new accounting rules. This book is only good if your an accountant who wants to feel important as an accountant. Otherwise, the author maybe seeing the world in a way that just is a bit foreign.
That said the book is mostly for accountants, so possibly mine will be the only low review. My suspicion though is that an accountant might find this too light on details to be happy.
That said the book is mostly for accountants, so possibly mine will be the only low review. My suspicion though is that an accountant might find this too light on details to be happy.
November 6, 2008
OK, if formulaic.
Displaying 1 - 2 of 2 reviews