The research report "Accounting and long-tail liabilities: the case of asbestos" by Lee Moerman, Sandra van der Laan, and others, explores the accounting treatment of asbestos liabilities. The report discusses the challenges of accounting for long-tail liabilities and the impact of asbestos on the financial statements of companies. The authors also examine the role of accounting standards in addressing these challenges. The report is subject to a rigorous peer-review process and is independently reviewed by two experts. The authors acknowledge the support and advice of Professor Jan Bebbington and the anonymous reviewers. The report is published by Certified Accountants Educational Trust for the Association of Chartered Certified Accountants.
