外文翻译--会计准则：它们的经济和社会后果.docVIP

本科毕业论文（设计） 外 文 翻 译 外文题目 Accounting Standards: Their Economic and Social Consequences 外文出处 Accounting Horizons Vol.4. Issue .3,2009 外文作者 BROWN VICTOR H 原文： Accounting Standards: Their Economic and Social Consequences FASB think the accounting standards have the potential consequences--economic, social and political. Among those involved and interested in the standard setting process--preparers, users, auditors, and others--there is widespread agreement about three points. The first is that standards of financial accounting and reporting are needed, as is some mechanism for setting these standards. The FASB is the private sector group presently charged with that responsibility. The second is that changing accounting standards will have consequential effects of some sort. Indeed, the very process of changing accounting standards stems from the belief that financial information prepared in accordance with these standards can make a difference in the decisions reached by those using the information. Third, most accept the notion that cost/benefit considerations should enter into setting accounting standards. Changes should be made only when expected benefits exceed anticipated costs. Beyond these three points, however, there is little agreement to be found. Accounting proposals typically encounter a diversity of response both within and among constituent groups--concerning both what the economic consequences of a proposal will be and how these consequences should be factored into the proposal finally adopted. COSTS AND BENEFITS Among the consequences of changing accounting standards are economic benefits and economic costs. The FASB must constantly be aware of both. This is because one of the precepts that the FASB follows in conducting its activities is to promul