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Essay

International Accounting

Essay specific features

 

Issue:

Business

 

Written by:

Pauline F

 

Date added:

October 22, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 656

 

Was viewed:

6308 times

 

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Essay content:

The accountancy bodies fell under the organization of the International Federation of Accountants (IFAC) in 1977. Both the setting of international accounting standards and the publishing of discussion documents dealing with international issues were the primary responsibilities of the IASC. At this time the board consisted of representatives from fourteen different countries...
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At this time the board consisted of representatives from fourteen different countries. For an International Accounting Standard (IAS) to become finalized, it required an approval from eleven of the fourteen board members. In an effort to gain the support of at least eleven members, the earlier IAS would allow two or more alternate methods for dealing with a specific accounting issue...
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General issues of this essay:
Accounting Standards Accounting Standards Accounting standards An International Business Issue Discussed Analyze globalization's role in the development of international business. History and development of accounting standards How would International Financial Reporting Standards affect the quality of Canadian accounting information? harmonization of accounting standards Rudi Gassner and the Executive Committee of BMG International (A) Rudi Gassner and the Executive Committee of BMG International The Process towards Global Accounting Standards Universal Accounting Standards uk and us accounting standards Accounting standards International Accounting Standards Board
 

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