Accounting and the Global Economy After Sarbanes-Oxley

Accounting and the Global Economy After Sarbanes-Oxley
ISBN-10
1317477820
ISBN-13
9781317477822
Category
Business & Economics
Pages
272
Language
English
Published
2014-12-18
Publisher
Routledge
Authors
Don E. Garner, Yosra AbuAmara McKee, David L McKee

Description

This book is essential for students and practitioners in accounting, international business, finance, and economics. In a straightforward and readable style, it focuses on the changing accounting and auditing standards in national and global economies in the post-Enron/Arthur Andersen era. The authors clarify the reasons behind and consequences of the accounting profession's failure in auditing and self-regulation, as most firms placed consulting profits ahead of public audit duties. They show how Sarbanes-Oxley solutions, while not perfect, are major contributors to the profession's redemption, and have enabled it to rise to new heights of service and revenue. The book offers a detailed examination of accounting practitioners' past challenges and future prospects. It provides a realistic analysis of specific issues facing accounting and auditing firms today, including the growing problem of independence; the need for one set of international accounting standards and one set of auditing standards; adjustments facing the global financial system; and the impact of the Internet and communication systems on accounting firms.

Other editions

Similar books