個案資料

Pick a Number: Internationalizing U.S. Accounting is a six-chapter book published by Business Expert Press in 2014 and written by Roger Hussey, former Dean of the Odette School of Business at the University of Windsor, and Audra Ong, Associate Professor of Accounting at the Odette School of Business at the University of Windsor. In this book, the authors explain how accounting rules can impact a business's financial statements and why the lack of global regulations can pose problems for business. They review how standards are set, the progress and obstacles in establishing international standards, and the differences in US accounting versus international. They explain how the Unites States has been involved in the international process and provide insight on the overall US strategy towards international accounting standards. In Chapter 1, U.S. Accounting Regulation, the authors outline the impact of accounting standards on a business's financial information and review the regulatory framework that governs these standards. They review core accounting concepts, such as Business Entity, Consistency, and Matching. They look at how companies find loopholes in standards that lead to fraudulent action and provide several real-world examples. They explain the formation and organization of the Securities and Exchange Commission (SEC), list common activities that lead to an investigation by the SEC, and review the criteria for required documents from businesses. They provide similar information for the Financial Standards Accounting Board (FSAB), as well as an overview of the standards setting process. They review the financial information required from a business, such as a Form 10K and annual report.

• Business law
• Accounting standards
• Financial statements