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Essay

Accounting and Globalization

Essay specific features

 

Issue:

Business

 

Written by:

Eric W

 

Date added:

February 1, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

13 / 3397

 

Was viewed:

6134 times

 

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Essay content:

Because consumer capitalism has spread to non-originating countries, and non-Americanized cultures, the practices of accounting and financial management must standardize their policies. Thus, accounting must be regarded beyond capital market settings, and the different effects that accounting has had in such sites must be examined...
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Globalization is operating and investing, but also financing (Gebhardt, 2000). The home base of most global investors is the United States, and hence, one of the major sets of standards for accounting is the Generally Accepted Accounting Principles (GAAP) (Nolke, 2005). However, some countries cannot interpret this format, or they are following the International Financing Reporting Standards (IFRS), the second major global standard (Nolke, 2005)...
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General issues of this essay:
Accounting and Globalization Advantages and disadvantages of historical cost accounting, alternatives to historical cost accounting An Interface Between Financial Accounting And Cost & Management Accounting And Some Concepts Of Strategic Cost Management Cultural Influences on Organizations: The Differences Disclosure and Accounting Practices in the Municipal Securities Market discuss the role of the financial accounting and managerial accounting functions in organizations Important Issues In Transforming A Company Into A Market-Driven Organization: Key Challenges To Adopting Market Orientation Within Modern Organizations. Lean Accounting and the Basics of Accounting Managerial Accounting Vs Financial Accounting Managerial accounting vs Financial accounting Managment Accounting, Financial Control, Management Control, Strategic Management Accounting (Sma) Principles-Based Accounting And Rules-Based Accounting The Differences Between Financial Accounting And Management Accounting The Influences And Impacts Of Settings On Characters And Readers High Performance Organizations
 

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