My Library

University LibraryCatalogue

Limit search to items available for borrowing or consultation
Result Page: Previous Next
Can't find that book? Try BONUS+
Look for full text

Search Discovery

Search CARM Centre Catalogue

Search Trove

Add record to RefWorks

Cover Art
Author Kirkegaard, Henning, 1938-

Title Improving accounting reliability : solvency, insolvency, and future cash flows / Henning Kirkegaard ; foreword by C. Torben Thomsen.

Published Westport, Conn. : Quorum, 1997.


Location Call No. Status
 UniM Bund  657.48 KIRK {Bund81 20190820}    AVAILABLE
Uniform title Dynamiske regnskab. English
Physical description xvi, 327 pages : illustrations ; 24 cm
Bibliography Includes bibliographical references (pages [321]-324) and index.
Contents 1. Innovation Depends on Keen Debate -- 2. Accounting and the Loss of Reality -- 3. Do We Understand Financial Statements? -- 4. Solvency and Liquidity, Insolvency and Illiquidity -- 5. Traditional Accounting Registration -- 6. Financial Statements - The Confusing Images of Past Events -- 7. The Good Manager and the Problem of Responsibility -- 8. Oops, Another Unpleasant Surprise -- 9. Like Working for an Undertaker -- 10. Imprudent Prudence -- 11. The Objective of Financial Statements -- 12. Time and Money in Financial Statements -- 13. New Basic Concepts of Accounting Theory -- 14. The New Measurement System - Justification and Basic Form -- 15. The Logic and Elements of Solvency -- 16. A Real-Time Description of Solvency -- 17. The Financial Database - The New Audit Trail -- 18. The Future of Accounting.
Summary Statements should be dynamic, current, complete, and comprehensible. Most importantly, instead of focusing on profit and owners' equity, financial statements should concentrate on a firm's solvency or insolvency. It then becomes possible, using modern technology, to anticipate liquidity problems before they occur, therefore limiting or even preventing future losses. This is precisely the essence of the new model Kirkegaard proposes and develops with forceful clarity. His book will prove to be essential reading, not only for professional and academic accountants, but also for investors, corporate management, and skilled observers of the business scene.
Subject Bankruptcy -- Accounting.
ISBN 1567201431 (alk. paper)