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Afterword: Current Debates on Accounting Issues

  1. Ronald Duska1,
  2. Brenda Shay Duska2 and
  3. Julie Ragatz1

Published Online: 20 APR 2011

DOI: 10.1002/9781444395907.after

Accounting Ethics, Second Edition

Accounting Ethics, Second Edition

How to Cite

Duska, R., Duska, B. S. and Ragatz, J. (2011) Afterword: Current Debates on Accounting Issues, in Accounting Ethics, Second Edition, Wiley-Blackwell, Oxford, UK. doi: 10.1002/9781444395907.after

Author Information

  1. 1

    The Center for Ethics in Financial Services, The American College, USA

  2. 2

    Del Pizzo & Associates, USA

Publication History

  1. Published Online: 20 APR 2011
  2. Published Print: 11 MAR 2011

Book Series:

  1. Foundations of Business Ethics

Book Series Editors:

  1. W. Michael Hoffman and
  2. Robert E. Frederick

ISBN Information

Print ISBN: 9781405196130

Online ISBN: 9781444395907



This afterword contains sections titled:

  • Fair Value and Principles vs. Rules

  • Fair Value Accounting

  • Arguments For and Against the Fair Value Approach

  • Summary

  • Principles vs. Rules

  • Introduction

  • Isn't GAAP Already Principles Based?

  • An Example: The Continental Vending Case

  • Recent Developments of “Present Fairly”

  • A Better Question

  • Argument for a Rules Based Approach

  • What Would a Principles Based Approach Look Like? The True and Fair Override

  • Argument for a Principles Based Approach

  • Conclusion