Accounting for Non-Listed Companies under United States Laws, Regulations, Accounting and Auditing Standards
Files
Description
Since the mandatory introduction of the International Financial Standards (IFRS) for capital market-oriented companies, accounting has been in a profound change. For the first time, the IASB (International Accounting Standard Board) is now also developing an international accounting standard for independent companies. From the point of view of these companies, the objectives of providing useful information, creditor protection, transparency and tax assessment must be compensated in the accounting. In order to be able to assess whether the present standard draft meets these requirements, various questions must be answered. What links and counter-comments exist between the different purposes of accounting? How do international accounting standards fit into national corporate and tax law? What costs are incurred by international accounting? What are the advantages of international standards and what problems do they present? These and many other questions are dealt with in detail in the individual contributions and solutions are introduced.
Source Publication
Internationale Rechnungslegungsstandards für börsenunabhängige Unternehmen?
Source Editors/Authors
Werner F. Ebke, Claus Luttermann, Stanley Siegel
Publication Date
2007
Recommended Citation
Siegel, Stanley, "Accounting for Non-Listed Companies under United States Laws, Regulations, Accounting and Auditing Standards" (2007). Faculty Chapters. 1409.
https://gretchen.law.nyu.edu/fac-chapt/1409
