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Rethinking the Rules of Financial Accounting

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Why yesterday's accounting model doesn't work anymore, and how it can be fixed

As Congress and the nation debate the state of accounting today, Rethinking the Rules of Financial Accounting examines the governing set of laws and proposes needed upgrades and improvements. Prolific writer Robert Anthony examines and discusses how and why specific rules of accounting contain inconsistencies, resulting in conflicting reports, and ways to correct the defects for reliable financial information.

Robe...