Pick a Number, Second Edition: The U.S. and International Accounting

The first edition of this book explained the efforts of the International Accounting Standards Board (IASB) to develop accounting regulations to be used worldwide. In 2002, progress was accelerated by the decision of Financial Accounting Standards Board (FASB) in the United States to converge their regulations with international standards. This second edition describes the successes and failures of the convergence project. The U.S. involvement brought about many changes in corporate financial reporting, but there were differences in opinions on specific issues. This resulted in the FASB, US focusing on its own regulations. We explain the main convergence achievements and also the differences leading to the end of the project. Our analysis reviews new developments in corporate reporting, including the issues of sustainability, governance, and integrated reporting.

Author: Roger Hussey, Audra Ong
Publisher: Business Expert Press
Published: 04/30/2018
Pages: 178
Binding Type: Paperback
Weight: 0.55lbs
Size: 9.00h x 6.00w x 0.38d
ISBN13: 9781947098930
ISBN10: 1947098934
BISAC Categories:
- Business & Economics | Accounting | Financial

About the Author
Roger Hussey, PhD, MSc, FCCA, FAIA, is author of over 35 books. He worked in industry as an accountant for several years before moving to the Industrial Relations Unit at St Edmund Hall, Oxford University. He was later appointed to the position of Deloitte and Touche professor of financial reporting at the University of the West of England. He was subsequently appointed as Dean of the Odette School of Business in Canada and is now professor emeritus at the University of Windsor, Canada, and the University of the West of England.