International Accounting and Multinational Enterprises
|Hours||3.0 Credit, 3.0 Lecture, 0.0 Lab|
Identify the major reasons accounting differs around the world.
Describe the forces of convergence of accounting standards
IFRS pros and cons
Evaluate the pros and cons of adopting IFRS for financial reporting in capital markets worldwide.
Compare GAAP and IFRS
Compare U.S. GAAP and IFRS for the following accounting issues: intangibles, consolidation, segment reporting, and foreign currency transactions and translation.
Explain how MNEs deal with the issue of foreign exchange risk management, corporate governance, performace evaluation and control, auditing, and taxation.