Accounting and the Global Economy After Sarbanes-Oxley
| Year of publication: |
2014
|
|---|---|
| Authors: | Garner, Don E. |
| Other Persons: | McKee, David L. (contributor) ; McKee, Yosra AbuAmara (contributor) |
| Publisher: |
Hoboken : Taylor and Francis |
| Subject: | Globalisierung | Globalization | Internes Kontrollsystem | Internal control | Wirtschaftsprüfung | Financial audit | IFRS | Rechnungswesen | Accounting | Welt | World |
| Description of contents: | Table of Contents [gbv.de] |
| Extent: | Online-Ressource (272 p) |
|---|---|
| Type of publication: | Book / Working Paper |
| Language: | English |
| Notes: | Description based upon print version of record Cover; Half Title; Title Page; Copyright Page; Table of Contents; Introduction; Part I. The General Frame of Reference; 1. Accounting and Auditing Standards as Operating Parameters in the Global Economy; Accounting and Auditing Failures Unique in Financial History; Andersen Failed to Follow Professional Standards; Consulting Became an Overriding Concern; Rise and Demise of Self-Regulation of Public Company Auditors; 2. Overview of Accounting Standards in the Global Economy; International Accounting Standards in Transition; Convergence to International Accounting Standards Europe Adopts International Standards3. The Role of Auditing Standards; Improved Audit Standards Needed to Restore Public Confidence; Structural Weaknesses in Financial Reporting; Improving Systemic Weaknesses; 4. Changing Realities in the Sarbanes-Oxley Era; Sarbanes-Oxley Act Provisions; Benefits and Costs of Sarbanes-Oxley Compliance; Opposition to Sarbanes-Oxley; Unexpected Benefits for Accountants; Worldwide Reforms; International Organizations; Part II. Some Specific Issues Facing Accounting and Auditing Practice; 5. The Harmonization of Auditing Standards International Self-Regulation by Large FirmsEven Without the United States, More Countries Adopt International Audit Standards; Meaning of Adoption of International Auditing Standards; U.S. and International Auditing Standards; Problems on the Convergence Path; 6. Independence as a Growing Problem for Accounting Firms; SEC's versus Firms' View of Independence; Independence Standards Board Too Late to Avoid Sarbanes-Oxley; SEC Independence Rules After Sarbanes-Oxley; AICPA Compared to SEC Independence Rules; EU Auditor Independence; Comparison of U.S. and EU Approaches Public Companies as Owners of Public Accounting Firms7. The Firms and Locational Adjustments in the Global Financial System; Adjustments to the Arthur Andersen Collapse; Market Changes Caused by Reform Legislation; Concentration in the Market for Large Public Corporation Audits; Geographical Expansion; 8. The Impact of the Internet and Improving Communications Systems; Internet Productivity Gains, Cost Reductions; Public Accountant Use of the Internet; XBRL on the Horizon; Financial Statements on the Internet; Part III. The Firms in the New Global Environment 9. Firm Effectiveness in the Face of Emerging Accounting and Auditing StandardsAccountants Adjust and Are in High Demand; Firms of All Sizes Gain; Accounting Fees and Salaries Rising; Accountants in Short Supply; Sarbanes-Oxley Section 404 Is Controversial; Private Companies Adopt Sarbanes-Oxley Procedures; Accountants Favor Sarbanes-Oxley and PCAOB; The SEC Assesses Public Accounting and Looks to the Future; 10. The Firms and the Practical Issues of Adjustment in the Global Economy; Concentration of the Market for Large Company Audits; Restatements on the Rise Auditor Liability a Major Hurdle |
| ISBN: | 978-0-7656-1376-9 ; 978-1-317-47783-9 ; 978-0-7656-1376-9 |
| Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10011834300