| Description |
xxx, 404 pages : illustrations ; 24 cm |
| Contents |
Preface / Anthony Hopwood -- Ch. 1. Introduction and Overview / Christian Leuz, Dieter Pfaff, and Anthony Hopwood -- Part I: One the Economics and Roles of Accounting. Roles of Financial Accounting: Equity Valuation. Ch. 2. Accounting and Economics: What We Learn From Analytical Models in Finanical Accounting and Reporting / Alfred Wagenhofer -- Ch. 3. Aspects of the Future in Accounting: The Use of Market Prices and 'Fair Values' in Financial Reports / Michael Bromwich -- Ch. 4.The Limitations of Financial Reporting / Wolfgang Ballwieser -- Part I.I. Roles of Fianancial Accounting: Performance Measurement and Corporate Governance: Ch. 5. Value-Based Management and Performance Measures: Cash Flow Versus Accrual Accounting / Dieter Pfaff -- Ch. 6.Corporate Governance and Financial Reporting at Daimler-Benz (DaimlerChrysler) AG: From a 'Stakeholder' Toward a 'Shareholder Value' Model / Ray Ball -- Part II: On the Regulation and Enforcement of Accounting Disclosure Regulation: Ch. 7. Policy Implications from the Theory-Based Literature on Disclosure / Robert Verrecchia -- Ch. 8. Proprietary Versus Non-Proprietary Disclosures: Evidence from Germany / Christian Leuz -- Part II.I. Enforcement of Accounting Standards: Ch. 9. New Accounting for Goodwill: Application of American Criteria from a German Perspective / Walther Busse von Colbe -- Ch. 10. Compliance with German and International Accounting Standards in Germancy: Evidence from Cash Flow Statements / Günter Gebhardt and Aaron Heilmann -- Ch. 11. Audit Regulation, Audit Quality, and Audit Research in the Post-Enron Era: An Analysis of Non-Audit-Services / Ralf Ewert -- Part II.II: On the Politics and Standard Setting of Accounting. The Role of Accounting in Society and Constituent Lobbying: Ch. 12. The Politics and Ontology of Accounting / Dieter Ordelheide -- Ch. 13. Constituent Lobbying and its Impact on the Development of Financial Reporting Regulations: Evidence from Germany / Stuart McLeay, Dieter Ordelheide, and Steven Young -- Ch. 14. Drafting Accounting Law: An Analysis of Institutionalised Interest Representations / Stuart McLeay and Doris Merkl -- Part III. Standard Setting Processes and International Accounting Standards: Ch. 15. From Accounting Directives to International Accounting Standards / Karel van Hulle -- Ch. 16. Academics in the Accounting Policy Process: England and Germany Compared / Michael Power |
| Summary |
"Accounting and the role of Accountants has permeated the modern societies. For the most part we have accepted the impartiality and objectivity of accounting and not recognized how accounting systems are embedded in a country's economic and legal framework, much of which is in turn shaped by political processes. This web of interactions results in complex economic and political questions which require accounting researchers to focus on several related trends: information economics, regulatory economics, sociology, and political science. Although considerable progress has been made in the field of accounting, many fundamental questions are still subject to debate. In this book leading international scholars address a number of important questions: *What is the role of accounting in security valuation, decision making and contracting? *What can we learn from economics-based research in accounting? *What is the role of auditing and how can accounting standards be enforced? *What are the cost and benefits of accounting and disclosure regulation? *What is the role of accounting in society? *How does lobbying affect the political process of standard setting? *What are the consequences of the internationalization of standard setting?"--OUP |
| Notes |
Formerly CIP. Uk |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Academics, researchers, and graduate students of Accounting, Finance, Business Studies, Sociology, and Political Economy |
| Subject |
Accounting.
|
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Accounting -- Political aspects.
|
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Accounting -- Standards.
|
| Author |
Hopwood, Tony, 1944-
|
|
Pfaff, Dieter.
|
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Leuz, Christian, 1967-
|
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Oxford University Press.
|
| LC no. |
2004300655 |
| ISBN |
0199260621 : |
|
