TAILIEUCHUNG - Lecture Principles of Accounting: A focus on analysis and interpretation (8th edition): Chapter 18 - Hillman, Kochanek, Barsky

Chapter 18 - International accounting and financial reporting issues. This chapter presents the following content: Issues in accounting for international operations, differing accounting standards, financial reporting issues & international transactions,. | International Accounting and Financial Reporting Issues Issues in Accounting for International Operations Accounting standards differ around world Exchange rates between countries change frequently Differing Accounting Standards Countries like US have private standard setting bodies Countries with strongly socialized economies like Germany, government agencies sets standards International Accounting Standards Committee’s goal to reduce differences in accounting methods Financial Reporting Issues & International Transactions Accounting for foreign currency exchange transactions Translation of foreign subsidiary financial statements from foreign currency to reporting currency Foreign Currency Exchange Transactions When sales transaction denominated in a foreign currency, cash received will be the foreign currency Change in exchange rates between date of sale and date of collection will cause foreign currency exchange gain or loss Foreign Currency Exchange Transactions Date of sale .

• Kế toán - Kiểm toán
• Principles of accounting
• Accounting information
• Lecture Principles of Accounting
• International accounting
• Financial reporting issues
• International transactions
• Accounting principles
• Fundamental accounting principles
• Lecture Fundamental accounting principles
• Accounting information systems
• Fundamental system principles
• Technology based accounting systems
• Financial accounting
• Managerial accounting
• Managerial cost
• Reporting manufacturing activities
• Merchandising operations
• Accounting cycle
• Completing the accounting cycle
• Classified balance sheet
• Accounting for partnerships
• Partnership form of organization
• Basic partnership accounting