To date, there has been little consideration of the many different ways in which accounting and risk intersect, despite organisations being more determined than

The concept of "fair value" marked a major departure from traditional cost accounting. In theory, under this approach a balance sheet that better reflects the c

Aware that a single crisis event can devastate their business, managers must be prepared for the worst from an expansive array of threats. The Routledge Compani

Financial accounting theory has numerous practical applications and policy implications, for instance, international accounting standard setters are increasingl

Managing risk in and across organizations has always been of vital importance, both for individual firms and for the globalized economy more generally. With the