The traditional model for financial statements is so unreliable, maintains Kirkegaard, that even the most meticulously prepared statement cannot give a true and fair view of the financial health of a business. Statements should be dynamic, current, complete, and comprehensible. Based on strong and ...
The traditional model for financial statements is so unreliable, maintains Kirkegaard, that even the most meticulously prepared statement cannot give a true and fair view of the financial health of a business. Statements should be dynamic, current, complete, and comprehensible. Based on strong and well-founded criticism of the traditional accounting model, with its guiding concepts of "profit" and "owners' equity," Kirkegaard proposes a model that concentrates on a company's "solvency" or "insolvency" at a given time. With that, it becomes possible to employ modern information technology to predict future liquidity problems early on, thus helping to limit or prevent future losses. A challenging, provocative work for professional accountants and their academic colleagues.
Please select at least one (1) media type and then click on "Search".
Questia is pleased to have incorporated The Lexile Framework for Reading into our collection.
