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Essay

Accounting standards

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Robert L

 

Date added:

May 13, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1141

 

Was viewed:

8363 times

 

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Essay content:

Given the trends toward greater globalization, the motivations of companies for seeking a uniform accounting system are strong. If companies have to prepare their accounts according to several different sets of rules, in order to communicate with investors in the various capital markets in which they operate or for other national purposes, they incur a considerable cost penalty and feel that money is wasted...
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This significantly limits global opportunities for multinational businesses. Thus, it is important to understand what the differences are between accounting standards, why they exist, and what problems they pose. It is worth noting that no one nation has a set of accounting rules which appears to have such clear merits that they deserve adoption by the whole world...
displayed 300 characters

General issues of this essay:
Accounting Standards Accounting Standards Accounting standards History and development of accounting standards harmonization of accounting standards Impact Of Recent Accounting And Financial Scandals On Regulatory Bodies Internationalization Of Accounting Standards For Consolidation - Japan THE NEW ACCOUNTING STANDARDS IMPLEMENTATION IN AUSTRALIA Talks On The Fair Value Introduced In The China New Accounting Standards The Process towards Global Accounting Standards Universal Accounting Standards uk and us accounting standards Accounting standards International Accounting Standards Board Accounting And Reporting Standards For The Federal Government
 

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