عنوان

Accounting policy choice :

TLets294909

Accounting policy choice :

[Thesis]

Shah, Atul Keshavji.

the case of financial instruments.

London School of Economics and Political Science (University of London)

1993

Ph.D.

London School of Economics and Political Science (University of London)

1993

In recent years, there have been many suggestions of creative accounting practices bylarge companies. Although there is a growing literature on methods of creativeaccounting, relatively little is known about the process by which firms make particularaccounting choices. This study is an attempt to analyse this process and identify someof the factors which influence accounting choice. Accounting practices in respect ofnew financial instruments are analysed and compared with accounting standards andgenerally accepted accounting principles.The evidence shows that new financial instruments provide significant scope forcreative accounting by companies and in many cases, these possibilities have been animportant motive behind their issuance. It shows how managers devote significantresources to manage the firm's financial reporting, and how professionals such asmerchant bankers and lawyers assist them in this process. The findings provide newtheoretical insights into the process of accounting policy making in practice, and revealsignificant scope for further research. In addition, a unique method of analysingfinancial statements using a wide range of empirical data is illustrated. This method canprovide analysts with new insights into a company's underlying financial performance.

Management & business studies

Shah, Atul Keshavji.

London School of Economics and Political Science (University of London)

p

[Thesis]

276903

a

Y