International Accounting and Multinational Enterprises

Presents international accounting within the context of managing multinational enterprises. If focuses on how accounting applies to global strategies, and identifies the key accounting issues that influence multinational decision making. Analyzes accounting issues from three viewpoints -- theoretical, major national treatments, and international harmonization efforts.

INTERNATIONAL ACCOUNTING IN THE GLOBAL ARENA

The World of global finance is ever-changing, and the fifth edition of this best-selling text follows those changes as it presents international accounting within the contect of managing multinational enterprises. In clear and understandable language, it focuses on international business strategies and how accounting applies to these strategies. This unique approach allows students to learn about international accounting from a perspective similar to what they will experience in the business world.

INTERNATIONAL ACCOUNTING explains the key factor that influence accounting standards and practices in different countries, and how those factors impact the harmonization of standards worldwide. In addition to these differing factors, the individual cultures of these countries and their unique contributions to accounting practices and standards all over the world are also explored. The book also focuses on the needs of users of financial and accounting information across borders with the aim of enhancing their understanding of how to use information, and make more informed decisions in an increasingly complex and dynamic international business environment.

• Updated to cover the latest changes in global finance that have an impact on international accounting
• A unique strategic management perspective
• An emphasis on the importance of cultural differences in international accounting
• An effective blending of theory and practice
• Incorporates extensive case materials to further enhance the coverage of this exciting field