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Margins of error in accounting / D.R. Myddelton.

Myddelton, D. R. (David Roderic)
2009
HF5636 .M93 2009 (Mapit)
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Title
Margins of error in accounting / D.R. Myddelton.
Author
Myddelton, D. R. (David Roderic)
ISBN
9780230219915
0230219918
Published
Basingstoke [England] ; New York : Palgrave Macimllan, 2009.
Language
English
Description
xiv, 171 pages ; 23 cm
Call Number
HF5636 .M93 2009
Dewey Decimal Classification
657
Summary
"This book discusses four main reasons why published company accounts cannot be completely 'accurate': the 'interim-ness' of annual accounts; the growing use of hypothetical current value estimates; the impact of cumulative inflation on financial statements using money as the unit of account; and creative accounting by managers. The book attempts to quantify the extent of these errors wherever possible - some of them are very large indeed."--BOOK JACKET.
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Includes bibliographical references and indexes.
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Table of contents only
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Fixed assets
Current assets
Liabilities
The unit of account
Presentation and trends
Politics
Fraud
Near enough
Preventing avoidable error.

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