In recent years many criticisms have been levelled against financial reporting. However, these criticisms may simply be the symptoms of a financial reporting expectations gap - comprised of the much discussed audit expectations gap as well as a financial statements expectations gap. Only once the limitations of the financial statements are recognised can the real debate regarding the corporate communication of performance and risk begin.

• Menu of abstracts

• Keywords: Accounting, Corporate Communication, Expectations Gap, Financial Accounting, Germany, New Zealand, Financial Reporting, Financial Statements, Conceptual Framework, Stewardship, Bias, True and Fair, Audit Report, Audit Efficiency, Auditing, Fraud, SMEs & Fraud, Accounting Theory, Auditing Motivations, Continuous Reporting

• Book: Corporate Financial Reporting: Theory & Practice, Sage Publications, London 2003
  
  

• Email: A.W.Higson@lboro.ac.uk

• Telephone: 01509 22 3104