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Essay

International Financial Reporting Standards

Essay specific features

 

Issue:

Business

 

Written by:

Virginia J

 

Date added:

November 14, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

9 / 2489

 

Was viewed:

1167 times

 

Rating of current essay:

 
Essay content:

Every country has its own set rules and follows their own accounting standards. (Duquesne University, 2006). As the economy is becoming globalized, there is a need of following one standardized accounting system. Businesses are expanding worldwide and becoming international and the information of the companies is being analyzed by different investors worldwide; thus there is a need for a change in accounting standards...
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Comparison between the companies becomes very difficult if we have different accounting standards. However making one standardized accounting system throughout the world can be difficult as every country has a different tax rule, and different laws. Every country thinks differently and has different tax rules, laws, business plans and that is the reason different countries use different accounting standards...
displayed 300 characters

General issues of this essay:
Choose A Current International Accounting Standard (Ias) Or International Financial Reporting Standard (Ifrs). Briefly Summarise Its Provisions And Assess Whether The Standard Can Be Considered To Be ‘Principles-Based’ Or ‘Rules-Based’, E... Compliance of Segment Reporting by Bursa Malaysia Main Board Companies china's international accounting rules Does The Achievement Of International Accounting Harmonization Have A Long Way To Go.Doc How would International Financial Reporting Standards affect the quality of Canadian accounting information? International Accounting Paper International Accounting International Financial Reporting Standards International US Financial Reporting Convergence Report International accounting International accounting The theries we use to help us understand standard setting in national arenas don't work so well at the international level where the international accounting starndards board is taking a lead role. We will have to modify them or expand our theoret... Accounting standards International Accounting Standards Board Accounting And Reporting Standards For The Federal Government
 

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