O'Reilly logo

The Business Book by

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

RG

IN CONTEXT

FOCUS

Governance and ethics

KEY DATES

1978 US scholars Ross Watts and Jerold Zimmerman write Towards a Positive Theory of the Determination of Accounting Standards.

1995 French professor Bernard Colasse claims that “there isn’t any true result, but a result arranged using creative accounting techniques.”

2001–02 Telecoms giant WorldCom overstates earnings by more than $3.8 billion.

2009 UK professor David Myddelton publishes Margins of Error in Accounting.

2012 Directors of US discount website Groupon identify a “weakness” in financial reporting, five months after becoming a public company.

Business accountants have two roles: to record profits ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required