TAILIEUCHUNG - Lecture International accounting (4/e): Chapter 13 - Timothy Doupnik, Hector Perera

Chapter 13 - Strategic accounting issues in multinational corporations. After reading the material in this chapter, you should be able to: Explain the role played by accounting in formulating multinational business strategy, demonstrate an understanding of multinational capital budgeting, describe the factors that influence strategy implementation within a multinational corporation,. | Chapter 13: Strategic Accounting Issues in Multinational Corporations Learning Objectives Explain the role played by accounting in formulating multinational business strategy. Demonstrate an understanding of multinational capital budgeting. Describe the factors that influence strategy implementation within a multinational corporation. 13-2 Learning Objectives Discuss the role of accounting in implementing multinational business strategy. Identify issues involved in the design and implementation of an effective performance evaluation system within a multinational corporation. Explain the impact of cultural diversity on strategic accounting issues within a multinational corporation. 13-3 Strategy Large scale plans Reflect future direction Categories Strategy formulation Determining organizational goals Strategies to achieve goals Strategy implementation Managerial efforts Attain organizational goals Performance evaluation Extent of goals achieved Accounting Significant role Strategy formulation Implementation 13-4 EXHIBIT Strategy formulation 13-5 Strategy Formulation Analysis of information Internal factors Culture, skills and know-how External Factors Customer, market, and competitor Regulatory, social, and political factors Financial expressions Firm strategy Preparation of budgets Capital budgeting Important part of strategy formulation 13-6 Budgeting Primary contribution of accounting Assists in strategy formulation Information to managers Short-term responsibilities Long-term planning responsibilities Provides future expectations Future results can be judged 13-7 Capital Budgeting Key activity in selecting capital investments Capital investments Involve large amount of resources Cost and benefit over large periods of time Three steps Project identification and definition, Evaluation and selection Monitoring and review 13-8 Capital budgeting techniques Four techniques Payback period Return on investment Net present value Internal rate of return 13-9 .

• Kế toán - Kiểm toán
• International accounting
• Lecture International accounting
• Strategic accounting
• Multinational corporations
• Strategy formulation
• Capital budgeting
• Lesson International Accounting
• International accounting main contents
• Main contents
• Accounting standards
• International convergence
• Financial reporting
• International accounting standard
• International federation of accountants
• Comparative accounting
• Accounting environment
• Accounting profession
• Accounting regulation
• Auditing research
• Accounting research
• International research
• Environment of international research
• International accounting environment
• International accounting standards board
• Chuẩn mực kế toán quốc tế
• International Accounting Standard 8
• Accounting policies
• Accounting estimates
• Borrowing costs
• Kế toán quốc tế
• Bài giảng Kế toán quốc tế
• International taxation
• International business decisions
• Corporate income tax
• Tax jurisdiction
• Corporate governance
• International trends
• International diversity
• The adjusting process
• Accrual accounting versus cash basis
• Other accounting principles
• Two categories of adjusting entries
• The adjusted trial balance
• Completing the accounting cycle
• The worksheet
• Closing the accounts
• Classifying assets
• Liabilities and payrol
• Current liabilities of known amount
• Current liabilities
• Accounting for payroll
• Worldwide accounting diversity
• Accounting diversity
• Inflation accounting
• Inflation accounting internationally
• Consolidated financial statements
• Foreign capital markets
• Financial statements
• International harmonization
• Comparative international accounting
• International differences
• International classification
• International Accounting Standard 39
• Financial instruments
• Financial liability
• Financial assets
• Merchandise inventory
• Accounting principles
• Inventory costing methods
• Inventory accounting
• Government grants
• Accounting for government grants
• International Accounting Standard 20
• Government assistance
• International business
• Foreign customer
• International financial reporting standards
• Intangible assets
• International transfer pricing
• Cost minimization
• International corporate social reporting
• Corporate social reporting