More Than a Numbers Game
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More Than a Numbers Game: A Brief History of Accounting

More Than a Numbers Game: A Brief History of Accounting

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About the Book

The world certainly suffers no shortage of accounting texts. The many out there help readers prepare, audit, interpret and explain corporate financial statements. What has been missing is a book offering context and discussion for divisive issues such as taxes, debt, options, and earnings volatility. King addresses the why of accounting instead of the how, providing practitioners and students with a highly readable history of U.S. corporate accounting. More Than a Numbers Game: A Brief History of Accounting was inspired by Arthur Levitt's landmark 1998 speech delivered at New York University. The Securities and Exchange Commission chairman described the too-little challenged custom of earnings management and presaged the breakdown in the US corporate accounting three years later. Somehow, over a one-hundred year period, accounting morphed from a tool used by American railroad managers to communicate with absent British investors into an enabler of corporate fraud. How this happened makes for a good business story. This book is not another description of accounting scandals. Instead it offers a history of ideas. Each chapter covers a controversial topic that emerged over the past century. Historical background and discussion of people involved give relevance to concepts discussed. The author shows how economics, finance, law and business customs contributed to accounting's development. Ideas presented come from a career spent working with accounting information.

Table of Contents:
About the Cover ix Preface xi 1 Double-Entry 1 2 Railroads 13 3 Taxes 23 4 Costs 41 5 Disclosure 55 6 Standards 71 7 Science 89 8 Inflation 103 9 Volatility 115 10 Intangibles 131 11 Debt 145 12 Options 159 13 Earnings 171 14 SOX 187 15 Epilogue 207 Notes 213 Bibliography 223 Index 235 About the Author 242


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Product Details
  • ISBN-13: 9780470008737
  • Publisher: John Wiley & Sons Inc
  • Publisher Imprint: John Wiley & Sons Inc
  • Height: 233 mm
  • No of Pages: 256
  • Returnable: N
  • Sub Title: A Brief History of Accounting
  • Width: 163 mm
  • ISBN-10: 0470008733
  • Publisher Date: 25 Aug 2006
  • Binding: Hardback
  • Language: English
  • Returnable: N
  • Spine Width: 24 mm
  • Weight: 489 gr


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More Than a Numbers Game: A Brief History of Accounting
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