Globalization of Financial Accounting and Reporting

About this book

This research study is important reading for financial executives challenged by the diversity of accounting & reporting standards throughout the world & also provides excellent supplemental reading for students in international business & accounting programs. The authors, Frederick D. S. Choi of New York University & Gerhard G. Mueller of the University of Washington, describe five major clusters for the world's accounting & financial reporting practices: British-American, Continental, South American, the less industrialized countries, & centrally planned economies. The researchers explore three reporting strategies that can help: single-tier transnational financial reporting, multiple-tier transnational financial reporting & dual concurrent reporting. They also recommend a global financial reporting strategy for multinational companies. Appendices include an annotated bibliography of related publications. Order from: Professional Book Distributors, P.O. Box 6996, Alpharetta, GA 30239-6996 or call (404) 751-1986.