Financial accounting theory chapter2财务报告环境.ppt

《Financial accounting theory chapter2财务报告环境.ppt》由会员上传分享，免费在线阅读，更多相关内容在行业资料-天天文库。

1、FinancialAccountingTheoryCraigDeeganChapter2ThefinancialreportingenvironmentSlideswrittenbyMichaelaRankinLearningObjectivesInthischapteryouwillbeintroducedtothehistoryoftheaccountingprofessionandofregulationsomeoftheargumentsforandagainsttheexistenceofaccountingregulationsomeofthetheore

2、ticalperspectivesusedtoexplaintheexistenceofregulationhowandwhyvariousgroupswithinsocietytrytoinfluencethestandard-settingprocess2Copyright©2000McGraw-HillBookCo.Aust.PPTt/aFinancialAccountingTheorybyDeeganLearningObjectivesTheviewthatmanyaccountingdecisionsarebasedonprofessionalopinion

3、anawarenessofsomeofthetheoriesthatareusedtoexplainwhatinfluencestheaccountanttochooseoneaccountingmethodargumentsadvancedtosupporttheviewthataccountantsarepowerfulmembersofsociety3Copyright©2000McGraw-HillBookCo.Aust.PPTt/aFinancialAccountingTheorybyDeeganFinancialaccountingdefinedAproc

4、essinvolvingthecollectionandprocessingofinformationofafinancialnatureforthepurposeofassistingvariousdecisionstobemadebypartiesexternaltotheorganisation4Copyright©2000McGraw-HillBookCo.Aust.PPTt/aFinancialAccountingTheorybyDeeganUsersoffinancialreportsUsershavedifferentinformationneedsso

5、notpossibletogeneratereportstomeetindividualneedsusersinclude:presentandpotentialinvestors;lenders;suppliers;employees;customers;governmentandotherpartiesperformingarevieworoversightfunction;media5Copyright©2000McGraw-HillBookCo.Aust.PPTt/aFinancialAccountingTheorybyDeeganAccountingknow

6、ledgerequiredorexpectedbyusersChangestoaccountingstandardsornewstandardsaffectthenumberswithinfinancialreports(profits,netassets)usersshouldideallyhavesufficientknowledgetoassesseffectofchangestoregulationsGPFRsdesignedforuserswhoexerciseduediligenceandwhopossesstheproficiencynecessaryt

7、ocomprehendthesignificanceofcontemporaryaccountingpractices6Copyright©2000McGraw-HillBookCo.Aust.PPTt/aFinancialAccountingTheorybyDeeganUseofhighlightstatementsManycompaniesprovidemulti-yearsummariesprofits,returnonassets,earningspershare,dividendyieldetc.aidlessaccounting-lite