Financial Reporting and Corporate Governance

The aim of the book is to give non-accounting students a basicability and confidence to read and use financial accounting reportsand statements within their business or financial specialties. Manyemployees in business today are expected to be conversant withreported accounting information as part of their regular jobresponsibilities.  However, they often have little formaltraining in using such information. For example, in most Westerncountries, corporate directors and senior executives are legallyresponsible for the content and quality of publicly reportedaccounting statements, yet typically have no accounting backgroundor experience to help in the discharge of these responsibilities.

The theme of the book is financial reporting as an essential andsignificant part of corporate governance. There is continuouspressure on companies from government and stakeholder groups toimprove their governance and accountability structures andprocedures. This book reveals how financial statements and relateddisclosures assist in good governance and accountability byproviding relevant and reliable accounting signals of managerialperformance