Includes bibliographical references (pages 237-248) and index.
The general frame of reference. Accounting and auditing standards as operating parameters in the global economy -- Overview of accounting standards in the global economy -- The role of auditing standards -- Changing realities in the Sarbanes-Oxley era -- Some specific issues facing accounting and auditing practice. The harmonization of auditing standards and the firms -- Independence as a growing problem for accounting firms -- The firms and locational adjustments in the global financial system -- The impact of the Internet and improving communication systems -- The firms in the new global environment. Firm effectiveness in the face of emerging accounting and auditing standards -- The firms and the practical issues of adjustment in the global economy.
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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.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.