Description
HAS A 'TRUE AND FAIR VIEW' BECOME A 'TRUE AND FAIRY TALE'?
Since its beginnings in the UK, a 'true and fair view' as a central and overriding legal requirement for financial reporting has spread through the Commonwealth and the European Union. As it has moved geographically, so it has been adapted in its application and wording.
This book brings together key writings on this subject, an extensive bibliography on the issue and analysis of relevant literature. The appendices include official documents on a true and fair view, and there is a substantial foreword by Sir David Tweedie, Chairman of the United Kingdom's Accounting Standards Board.
Considered a 'will-o-the-wisp' subject by most academic writers, the concept of 'a true and fair view' remains pivotal in much current accounting practice. Parker and Nobes grasp the nettle and attempt to clarify what international opinion has concluded about this central accounting issue.
R.H. Parker is Professor of Accounting at the University of Exeter. C.W. Nobes is Coopers & Lybrand Professor of Accounting at the University of Reading.
Routledge Series on International Accounting and Finance Edited by C.W. Nobes
Accounting theory/International accounting.
ISBN:9780415114639
