Accounting for Value: Why the Accountancy Bodies Are Losing Their Way in the Standard-Setting Process
Stephen H. Penman is the George O. May professor in the Graduate School of Business, Columbia University. Prior to this he was the L. H. Penney professor in the Walter A. Haas School of Business at the University of California at Berkeley, and has served as a visiting professor at London Business School and Stockholm School of Economics. He has a first-class honors degree in commerce from the University of Queensland, Australia, and MBA and PhD...
Standard Procedure: IFRS Harmonization
This article was first published in Quantum magazine.International accounting standards are vital to make allocating capital easier and more effective on a global scale. But there is significant variance in the pace at which they are being adopted, while regionalization threatens to change the shape of the market.
Why Accounting Needs To Be More Business-Centric
Andrew Howie is the managing partner of Grant Thornton in Scotland and has been with the firm since 2005. During his career with Grant Thornton he has worked within Assurance and now heads up the Audit practice. Andrew acts for some of the largest privately held business in Scotland and his client base covers a wide variety of sectors including property and construction, food and drink, and AIM. Since joining the firm, he’s also been responsible...