Part of a series which aims to present work across a broad spectrum of regulation issues, with papers covering a wide range of topics. The volumes review essays of recent books, offering insights into regulation and its processes. A glossary related to securities, law and accounting is included.

Table of Contents

Main papers: the impact of capital market developments on accounting policy in emerging markets - a study of Asean; U.S. stock market reaction to preliminary earnings announcements and SEC form 20F of foreign firms; reporting practices of foreign firms listed in the U.S.; agency theory, corporate governance and the accounting regulation of Islamic banks; the role of the code of ethics for the internal auditing profession - an international perspective; an examination of cultural influence on audit environments; an examination of British, Irish, and U.S. partners' responses to ethical dilemmas; U.K. accounting - recent developments with an international perspective; the relationship between culture and accounting regulation - questioning the conventional analysis with the case study of Indonesia; ethos abandoned - accounting as an instrument of corporate regulation. Research reports: variation in and consequences of auditor selection and the audit reports in Scandinavia - a regulatory framework with multiple auditors. Perspectives: international accounting standards - ongoing progress suggests they may become a reality; IASC and FASB standards - do differences make a difference?; the development of the accounting profession in China; China's Accounting Reform Project - developing detailed accounting standards; the development of accounting regulation in India; the global regulation of accounting education - reciprocity and the IFAC International Education Guidelines. Editor's note: accounting - cultural artifacts as truth - perhaps more truths are better? Book reviews: the IASC - U.S. Comparison Project - a report on similarities and differences between IASC standards and U.S. GAAP; responsibilities and liabilities of accountants and auditors - proceedings of a forum; the nature and determinants of disclosure inadequacy - an international perspective; international accounting - a global perspective.