There are several controversies in financial reporting. These are all either or, with no compromise available. Here are a few just off the top of my head: Which group is the primary beneficiary of financial reporting? Investors or companies How complex is financial reporting for either investors or companies? Too complex or not too [...]
Archive for October, 2009
Why is it so difficult?
Posted in Accounting, IFRS, Regulation, tagged Complexity, Controversies, Corporate executives, Financial accounting, GAAP, Global accounting, IFRS, Investors on October 6, 2009 | Leave a Comment »
Toying With Plagiarists
Posted in Accounting Ed, Education on October 5, 2009 | 1 Comment »
This post is not related to financial reporting issues, but it does relate to accounting education. First, a little history. Accounting professors tend to mostly have tests that require the regurgitation of factual content. Questions are similar to: Do you know this? Do you know that? Can you compute this accounting number? And so forth. [...]







