Financial Accounting Theory

Stumpel

Financial Accounting Theory presents financial accounting as a means to resolve problems of asymmetric information and to facilitate contracting. It develops ideas from decision theory and information economics to emphasize that accounting serves important purposes in society, of enhancing trust and meeting information needs.Despite its theoretical orientation, the book does not ignore the institutional structure of financial accounting and standard setting. It features considerable coverage and critical evaluation of financial accounting standards and regulations, such as fair value accounting, financial instruments, reserve recognition accounting, management discussion and analysis, employee stock options, impairment tests, hedge accounting, derecognition, consolidation, and comprehensive income. The structure of standard-setting bodies is also described, and the role of structure in helping to engineer the consent necessary for a successful standard is evaluated.

Bol Partner

Written in a friendly style with clear explanations, Financial Accounting theory provides a thorough presentation of financial accounting theories. KEY TOPICS: Introduction;Accounting Under Ideal Conditions;the Decision Usefulness Approach to Financial Reporting;Efficient Securities Markets;the Value Relevance of Accounting Information;the Valuation Approach to Decision Usefulness;Valuation Applications;the Efficient Contracting Approach to Decision Usefulness; An Analysis of Conflict;Executive Compensation;Earnings Management;Standard Setting: Economic Issues;Standard Setting: Political Issues MARKET: Appropriate for Accounting theory courses.

Amazon

Pagina's: 656, Editie: Eerste editie, Hardcover, Pearson