A Director's Guide to Corporate Financial Reporting

Krista Fiolleau

ISBN 10: 1606491318 / ISBN 13: 9781606491317

Published by Business Expert Press, 2010

About this Item

nach der Bestellung gedruckt Neuware - Printed after ordering - This book is designed for corporate directors and senior executives who want to gain a better understanding of accounting. Corporate directors and managers are under pressure from recent changes in the law (especially The Sarbanes-Oxley Act 2002) and demands by shareholders and the public to be more informed, vigilant and involved in the governance of business organizations. One area in particular, accounting and financial reporting, has been a source of great consternation for directors. Breakdowns in internal control, reporting scandals, restatements and outright accounting fraud have made accounting a source of dread and confusion for corporate directors. We discuss what accounting tries to do, how well it achieves its purpose, and why and how accounting and financial reporting go awry. At the end of each chapter we provide a list of steps that the board should take and questions they should be asking the auditor and management. Directors can use this understanding to move discussions beyond financial reports and identify the impact of accounting matters on broader organizational issues.

Seller Inventory # 9781606491317

Bibliographic Details

• Title: A Director's Guide to Corporate Financial Reporting
• Publisher: Business Expert Press
• Publication Date: 2010
• Language: English
• ISBN 10: 1606491318
• ISBN 13: 9781606491317
• Binding: Taschenbuch
• Condition: Neu
• Dimensions: 229W x 152H x 7D millimeters 229 millimeters width by 152 millimeters height by 7 millimeters depth
• Weight: 184 grams

About this title

Synopsis

This book is designed for corporate directors and senior executives who want to gain a better understanding of accounting. Corporate directors and managers are under pressure from recent changes in the law (especially The Sarbanes-Oxley Act 2002) and demands by shareholders and the public to be more informed, vigilant and involved in the governance of business organizations. One area in particular, accounting and financial reporting, has been a source of great consternation for directors. Breakdowns in internal control, reporting scandals, restatements and outright accounting fraud have made accounting a source of dread and confusion for corporate directors. We discuss what accounting tries to do, how well it achieves its purpose, and why and how accounting and financial reporting go awry. At the end of each chapter we provide a list of steps that the board should take and questions they should be asking the auditor and management. Directors can use this understanding to move discussions beyond financial reports and identify the impact of accounting matters on broader organizational issues.

About the Author

Karim Jamal Ph.D, FCA, is a Professor and Chartered Accountants Distinguished Chair in Accounting at the University of Alberta. Dr. Jamal graduated with a B.Comm (Hons) from the University of Manitoba, a MSC from the University of British Columbia (UBC), and a Ph.D from the University of Minnesota. He is a Chartered Accountant in Alberta, and a member of the Canadian Academic Accounting Association (CAAA), and the American Accounting Association (AAA).