The control of creative accounting practices is a major issue. This
book considers the regulatory response and addresses issues of
vital importance to anyone involved in the preparation of company
accounts. It will also be invaluable for those analysing the
performance of companies, either as a student of business or a
potential investor. It is based on authoritative information
resulting from extensive research and is written in a lively and
amusing style. (Kirkus UK)
Creative accounting, as highlighted in the best selling books of Terry Smith and Ian Griffiths, was one of the key themes in corporate finance in the 1980s. The control of creative accounting has been a major issue of the 1990s. This book looks at the regulatory response to creative accounting and the role olf the Financial Reporting Review Panel, under Sir David Tweedie, in policing company accounts. The book is about the contest for the control of creative accounting, a contest in which Sir David Tweedie describes the Financial Reporting Review Panel as 'like a cross-eyed javelin thrower at the Olympic Games'.
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