Corporate Financial Distress

✍ Scribed by Marisa Agostini

• Publisher: Springer International Publishing;Palgrave Pivot
• Year: 2018
• Tongue: English
• Leaves: 138
• Edition: 1st ed.
• Category: Library

✦ Synopsis

This book, divided into three main parts, will offer a complete overview of the concept of corporate financial distress, emphasizing the different typologies of corporate paths included in this broad concept. It will reorganize and update academic literature about the evaluation of corporate financial distress from the first studies about failure prediction to the most recent contributions. It will also provide evidence about the evolution of going concern standards in both international and U.S. contexts. Moreover, an in-depth analysis of this broad concept will permit the identification of a set of research questions to be investigated from both theoretical and empirical points of view, and will be of interest to academic researchers and doctoral students of accounting, auditing and finance, professionals, and standard setters.

✦ Table of Contents

Front Matter ....Pages i-xv
Introduction (Marisa Agostini)....Pages 1-4
Corporate Financial Distress: A Roadmap of the Academic Literature Concerning its Definition and Tools of Evaluation (Marisa Agostini)....Pages 5-47
Going Concern Evaluation in the US Context: The Respective Roles of Auditors and Managers (Marisa Agostini)....Pages 49-98
The International Accounting Convergence Promoted by IASB and FASB Regarding Going Concern Status (Marisa Agostini)....Pages 99-118
The Role of Going Concern Evaluation in Both Prediction and Explanation of Corporate Financial Distress: Concluding Remarks and Future Trends (Marisa Agostini)....Pages 119-126
Back Matter ....Pages 127-128

✦ Subjects

Finance; Financial Accounting; Accounting/Auditing