Financial accounting theory

Author: (US) William R. Scott & Chen Hanwen
Publisher:
Publish Date: 2006-01-01
Features: Explains the fundamental conflicts encountered by accounting in the real world using the framework of information economics, specifically the relationship between shareholders and management, while also addressing the information needs of investors. Based on the empirical research findings of the Western accounting theory community, it draws on real-world multinational corporate reports, famous company operational cases, and reports from various media to illustrate how financial accounting functions, enhances the efficiency of accounting information, and showcases the unique charm of accounting theoretical research and "empirical" methods. Additionally, the main text and numerous exercises at the end of each chapter demonstrate the socio-economic environment of North America. This book is suitable for mid-to-high-level students, teachers, and professionals in the fields of accounting and finance. For readers who specialize in accounting or are preparing to engage in research on financial accounting, the "guide map" structure of this book is key to achieving success quickly. For those who wish to fully appreciate the charm of economics from the perspective of financial accounting, the book not only presents the complex mathematical models emerging in modern economics but also provides logically consistent and vivid real-world examples.