IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-13233-1_30.html
   My bibliography  Save this book chapter

United Kingdom

In: Transnational Accounting

Author

Listed:
  • T. E. Cooke
  • R. S. Olusegun Wallace

Abstract

This contribution looks at the state of corporate financial reporting in the UK and the deliberate efforts that have been made and are being made to improve the level of reporting. Corporate financial reporting is an abstract concept which means a variety of things for a variety of users. In a competitive market, such as the business environment of the UK, customers, suppliers, employees, managers, investors, lenders and government (including tax authorities) need constant streams of information to assist them in their respective roles. In a regulated market, the regulator that serves as a surrogate for competition requires similar flows of information so as to regulate the market and stimulate customers, suppliers, employees, managers, investors and lenders to respond in that market in a way that is not dissimilar from a competitive market. Financial reporting is one constant stream of information available to these different constituencies.

Suggested Citation

  • T. E. Cooke & R. S. Olusegun Wallace, 1995. "United Kingdom," Palgrave Macmillan Books, in: Dieter Ordelheide (ed.), Transnational Accounting, chapter 0, pages 2627-2800, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-13233-1_30
    DOI: 10.1007/978-1-349-13233-1_30
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-13233-1_30. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.