Accounting and the Global Economy After Sarbanes-Oxley (Hardcover) (ISBN-13: 9780765613769)

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.

Author: Don E. Garner,David L. McKee,Yosra Abuamara McKee
ISBN-10: 076561376X
ISBN-13: 9780765613769
Publisher: Routledge
Language: English
Published: 11/15/2007
Pages: 272
Format: Hardcover
Weight: 1.14lbs
Size: 9.01h x 6.47w x 0.88d

Review Citation(s):
Reference and Research Bk News 02/01/2008 pg. 121