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Securities and Obscurities

A Case for Reform of the Law of Company Accounts

Raymond J. Chambers

Regular price $55.00 Sale

Format: paperback
Edition: Reprint edition
338 pages
ISBN: 9781920898304

Publication: 27 Sep 2006
Series: Õ¬Äе¼º½ Accounting Classics
Publisher: Õ¬Äе¼º½

During the 1960s and 1970s a remarkable series of books was produced by academic staff in the field of accounting at the University of Õ¬Äе¼º½.

It was a period when academic research was largely analytical rather than empirically–based. For the most part, the interests of academics at Õ¬Äе¼º½ were largely directed at questioning the status quo – either in the way accounting or auditing was practiced, or in the conventional wisdom expressed in text books of the time.

The Õ¬Äе¼º½ Accounting Classics series reflects the diversity of interests of the 'Õ¬Äе¼º½ school' at that time. It also recognises the tremendous impact of the foundation professor of accounting, R.J. Chambers. This reprint series ensures that the ideas developed during this period remain available to new generations of scholars and researchers.

The Õ¬Äе¼º½ Accounting Classics series is an intiative of the Accounting Foundation, in association with Õ¬Äе¼º½.

Securities and Obscurities:
In this book Chambers presents examples of financial practices in the UK, US, Canada and Australia and exposes the deficiencies in reported financial information. Chambers intended the work to be controversial. It continued his contention that precise definitions of accounting terms needed to be agreed upon, to ensure that investors, company directors, auditors and accountants were talking about the same things.

Raymond J. Chambers was the foundation chair of accounting at the University of Õ¬Äе¼º½ from 1960 until his retirement in 1983. He was widely acknowledged as one of the leading academic contributors to the study of accounting. He passed away in 1999.

Acknowledgements
Foreword to Series
Preface

  1. Company limited
  2. The loose rein of the law
  3. Truth in accounting
  4. What every intelligent investor needs to know
  5. The lore of financial statements
  6. What is it worth?
  7. Higgledy piggledy disclosure
  8. Cooking the books
  9. From the outside looking in
  10. ‘Will you walk into my parlour?’
  11. Watchdogs, bloodhounds, et al.
  12. Hot seat in the boardroom
  13. The failed and the fooled
  14. Shifty prices and funny money
  15. Away with stock market pollution!
  16. Rx: in the public interest and for the protection of investors

List of references
Index of companies
General index

Format: paperback
Size: 210 × 148 × 17 mm
338 pages
32 b&w tables
Copyright: © 2006
ISBN: 9781920898304
Publication: 27 Sep 2006
Series: Õ¬Äе¼º½ Accounting Classics