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Item Details
Title: BUILDING PUBLIC TRUST
THE FUTURE OF CORPORATE REPORTING
By: Samuel A. DiPiazza, Robert G. Eccles
Format: Hardback

List price: £19.99


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ISBN 10: 0471261513
ISBN 13: 9780471261513
Publisher: JOHN WILEY & SONS INC
Pub. date: 10 July, 2002
Pages: 208
Description: The Internet bubble has completely collapsed and the largest bankruptcy in US history, Enron, has made the call for greater transparency in financial reporting more important than ever before. Market exuberance about the new economy has been replaced with market nervousness about the quality of information it is getting from all companies.
Synopsis: 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.
Illustrations: Ill.
Publication: US
Imprint: John Wiley & Sons Inc
Returns: Returnable
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