True and fair view: a European perspective

Justice Arden

European Accounting Review, 1997, vol. 6, issue 4, 675-679

Abstract: The article considers the true and fair view from the viewpoint of the British courts of law. It is noted that while it is an obligation for all preparers to observe, its interpretation is a matter for the courts. It is a dynamic concept and the courts in the UK will interpret it contemporaneously in regard to the facts of the individual case, although accounting opinion would probably play an important role. Its function is to provide an opportunity for the court to adjudicate when there are problems which the rules do not solve. The ultimate legal authority is the European Court of Justice, but this does not mean that there must be a uniform EU interpretation of the true and fair view.

Date: 1997
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/09638189700000008 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:euract:v:6:y:1997:i:4:p:675-679

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/REAR20

DOI: 10.1080/09638189700000008

Access Statistics for this article

European Accounting Review is currently edited by Laurence van Lent

More articles in European Accounting Review from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().