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Essay

International Business

Essay specific features

 

Issue:

Business

 

Written by:

Brett L

 

Date added:

October 1, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

15 / 4028

 

Was viewed:

7605 times

 

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Essay content:

(Economist 20th December 2003). There are certainly many advantages by introducing one global accounting standard, but it has undoubtedly met fierce resistance towards the new approach. The process of introducing one global accounting standard is definitely not easy, as it involves many countries, governments, investors, companies, and so on, but it however furthermore involves the countries social development and their culture, which can provide vast transformation...
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They use the standards for making financial reports there can attract investors and thereby liquidity for merger and acquisitions. Today there is just that problem that it can be difficult for investors to compare companies in different countries with diversity in how the financial reports are made. For multinational companies the availability of one set of global accounting standards reduces the costs compared with dual reporting...
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General issues of this essay:
Analysis Of Liquidity Development In Russia After 1998 Financial Crisis business reports Failures of International Mergers and Acquisitions Financial Reports How would International Financial Reporting Standards affect the quality of Canadian accounting information? International Financial Reporting Standards Managing International Acquisitions Managing International Acquisitions Merger&acquisitions merger's & acquisitions The Wealth Effect of Cross-Border Mergers and Acquisitions in the Chinese Financial Sector What Do Users Of Financial Reports Want any business and economics related articles, journals, reports International Accounting Standards Board The statement of financial performance is based on data relating to past transactions and events. Hence the statement of financial performance is of no use to an investor’s decision making process.
 

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