International Financial Reporting Standards (IFRS) and Fraud

$19.95

Add to cart
Essay #: 060342
Total text length is 22,774 characters (approximately 15.7 pages).

Excerpts from the Paper

The beginning:
International Financial Reporting Standards (IFRS) and Fraud
Introduction
The purpose of International Financial Reporting Standards (IFRS), according to Nobes and Zeff (2008), is to ensure that within the environment of pan-global trading and markets, companies have the ability to adopt a straightforward accounting methodology by which they can be compared to others and thereby decrease fraud. In addition, both United States (US) securities regulators and the International Organization of Securities Commissions (IOSCO) believe that there will be incremental benefits to investors of clarity on this subject. Incorporating IFRS and Generally Accepted Accounting Principles (GAAP), for example, will allow the best of both worlds, in that, as...
The end:
.....wle. Washington DC: Levy Economics Institute.
Nobes, C.W. and Zeff, S.A. (2008). Auditors' Affirmations
of Compliance with IFRS around the World: An Exploratory Study. Accounting Perspectives, 7.4, 279–292.
Phillips, P. (2010). The Implications of IFRS on the Functioning
of the Securities Antifraud Regime in the United States. Michigan Law Review, 108, 603-633.
Read, A. (2009). Contemporary Issues in Accounting.
Canberra: University of Canberra Press.
Stanton, T. H. (2002). Government-Sponsored Enterprises:
Mercantilist Companies in the Modern World. Washington DC: AEI Press.
Tatom, John A. (2008). The U.S. Foreclosure Crisis: A Two-
Pronged Assault on the U.S. Economy. Networks Financial Institute at Indiana State University working paper.