Course Level 3: Advanced
Estimated Study Time: 6-8 hours
Offered by: OpenLearn
Financial reporting is a complex issue. This course looks at the historical development of financial regulation and reporting.
This course examines how national practices for financial reporting have evolved and why different rules are in place within different jurisdictions. In times past, imperialism and war have both been responsible for expanding financial rules across Europe and the world . More recently the Sarbanes-Oxley Act of 2002 in the United States has had the same, if unintentional, effect.