In this book, Jayne Godfrey and Keryn Chalmers explore the intricacies of the globalisation of accounting standards - arguably one of the most significant business developments of the wider globalisation process during the past two decades. They examine the key issues and implications of this harmonisation of accounting standards from the perspectives of a diverse range of worldwide stakeholders. Globalisation of Accounting Standards shows that globalisation approaches differ significantly because countries seek to maintain varying degrees of sovereignty over their regulations. International differences in economic, political, legal, religious and social characteristics also affect globalisation approaches and, in turn, influence national accounting standard-setting agendas. The book explores why countries relinquish their existing national accounting standard-setting regimes to join the global movement. It also seeks to resolve questions such as: To what extent are national incentives altruistic, economic, political or social? Who are the winners and losers in the process? This authoritative book is thoroughly researched and expertly informed. Written by both academics and regulators, it tackles a critical and controversial issue in the globalisation movement. As such, it will be of great interest to a wide-ranging audience including: international, national, private and public sector standard-setters, economic regulators, accounting academics and political economists and strategists.

This groundbreaking book examines the role that water accounting can play in resolving economic, environmental and social issues. One of the most pressing global issues of the 21st century is the scarcity of water to ensure economic, environmental and social sustainability. In addressing the issue through policy and management, access to high quality information is critically important. But water scarcity has many implications, and it is possible that different reporting approaches, generally called water accounting systems, can be appropriate to addressing them. In this key book, international experts respond to the question: what role can water accounting play in resolving economic, social and environmental issues at individual, organizational, industry, national and international levels? They explore how various forms of water accounting are utilized and the issues that they address. Academics and postgraduate students interested in water scarcity and accounting will find this book invaluable. Policy makers in all areas relating to water as well as environmentalists, water industry managers and water lawyers will find plenty of important insights in this essential resource. Contributors: A. Allan, J. Andreu, W. Bastiaanssen, X. Cai, K. Chalmers, Q. Changhai, G.L. Clark, E. Corral, C.M. Cote, J. Cummings, H. Gan, J.M. Godfrey, R. Hassan, A.Y. Hoekstra, D.A. Hughes, P. Karimi, Q. Lu, J.R. Lund, R. Martinez-Lagunes, D. Molden, A. Momblanch, C.J. Moran, M. Muller, N.W.J. Muller, E. Mungatana, M. Nagy, J. Paredes, M.A. Perez, L. Pretorius, K. Ringwood, M. Slattery, A. Solera, M. Squillace, A. Turton, M. Vardon, Y. Wang, C. Woods