Includes bibliographical references (p. 237-248) and index.
Contents
The general frame of reference. Accounting and auditing standards as operating parameters in the global economy -- Overview of accounting standards in the global economy -- The role of auditing standards -- Changing realities in the Sarbanes-Oxley era -- Some specific issues facing accounting and auditing practice. The harmonization of auditing standards and the firms -- Independence as a growing problem for accounting firms -- The firms and locational adjustments in the global financial system -- The impact of the Internet and improving communication systems -- The firms in the new global environment. Firm effectiveness in the face of emerging accounting and auditing standards -- The firms and the practical issues of adjustment in the global economy.
