High-Quality Financial Reporting (Excellent Managers)

Author: Paul B. W. Miller
Publisher:
Publication Date: 2004-01-01
Features: Strongly recommended by Warren Buffett, the American investment master; value chain management and value chain accounting. Authoritative commentary on the practical problems of GAAP; self-assessment and self-evaluation of the methods and attitudes of managers in preparing financial reports; provides new strategies for honestly and effectively meeting the needs of capital markets. Accounting is a business language, but in recent years this language has often been distorted and used to the point of becoming obscure. The purpose of this book is to restore the usefulness of this language. The book comprehensively and thoroughly elaborates on the concept of "high-quality financial reporting," emphasizing the significant importance of high-quality financial reporting (QFR) in enhancing the overall competitiveness of enterprises and its vital role in capital market reform. Just as in other market reforms, building partnerships with employees has replaced the past indifference and exploitation. QFR is also a transformation that encourages managers to abandon their old attitudes towards investors and creditors and establish a close, open, sincere, and mutually trusting new relationship with them through high-quality, comprehensive financial reports. This book has strong reference value for China's financial accounting reform, related theoretical research, and accounting practice.