Publisher's Synopsis
This is the second FEE survey of European financial reporting practice. Commissioned by the European Commission, the survey is to be conducted every two years. Published for the first time by FEE in 1989, it is acknowledged to be a unique reference source: the first cross-border comparison of the accounting practices actually in use in different European companies. Covering 15 European countries, 11 EC countries and four non-EC countries, and using a questionnaire designed by FEE, the 1991 Survey examines the accounting and reporting practices of 450 companies. The responses to the questionnaire are based on annual accounts prepared up to 31 December 1989, including both the individual accounts and the consolidated accounts where policies differ between the two, and covering a range of enterprises both national and international. The objective of the survey is to compare the various styles of accounting within three groups of countries - those in the EC where the Fourth Directive must be complied with, those where this is not yet compulsory, and non-EC countries. As it analyzes the various accounting practices it highlights the problems of successful harmonization.;This book should be of interest to accountants, policy-makers, economists and academic researchers.
