uk and us accounting standards

Essay specific features

 

Issue:

Business

 

Written by:

Wendy L

 

Date added:

May 19, 2011

 

Level:

University

 

Grade:

A

 

No of pages / words:

12 / 3302

 

Was viewed:

5770 times

 

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Essay content:

Britain's financial market is structured around a "capital financial market based financial system" where the stock market finances large scale businesses, trading securities and pricing role. The stock exchange and taxation system have very little power in financial reporting. Having said that, the stock market has association in increasing financial reporting standards for listed companies...
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Having said that, the stock market has association in increasing financial reporting standards for listed companies. Although U.K seems to have urbanized its own companies act and regulations, it still has established indirect foreign influence from member states of the European Union throughout EU directives and from U...
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