DescriptionBusiness 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.
Subject Matter Experts.
""...propose a new vision of corporate transparency as a means to restore investor confidence..."" (Oil & Gas Journal, 28 October 2002)
""They frame the discussion very well in this interesting, educational book."" (Journal of Accountancy, December 2002)
""...a blueprint for action has recently been set out in a new book, Building Public Trust..."" (Accountancy Age, 19 February 2003)
""...a blueprint for action has recently been set out in a new book, Building Public Trust..."" (Financial Director, 19 February 2003)
""...sensible and forward thinking suggestions to encourage investors back into equities by having standardized and transparent company reporting procedures globally."" (Financial Adviser, 27 march 2003)