Accounting Changes Chronicles of Convergence Crisis and Complexity in Financial

by Robert H. Herz

book on his experiences chairing the Financial Accounting Standards Board and the challenges he faced during the financial crisis.......... also tells of Herz’s experiences in responding to Enron and other accounting scandals and examines how FASB, the Securities & Exchange Commission and other regulators dealt with a number of issues, ranging from the expensing of employee stock options to the treatment of off-balance sheet entities, and from the definition of fair value to the movement toward commonly embraced international accounting standards.

Unknown Binding

First published January 1, 2013

Reviews

[Miranda Spear · Rating 4 out of 5]

4.5

Interesting discussions from someone who had up close experiences in various pivotal points in accounting history. Herz had a stimulating recounting of his time with the FASB, along with explanations of some large accounting issues that were easy to understand.

Anyone who enjoys the history of FASB standard setting in recent history, this is a great read!