Posted in Community :
Finance & Accounts
|
Activity:
Question posted: 05 10 2008 01:21:40 +0000,
2 answers, 101 views, last activity
07 06 2010 20:18:08 +0000
|
|
|
|
Prev1NextShowing 1 - 2 of 2
Not Rated
It might not be the right things because every country has own rules & regulation. Those rules & regulation can not apply on other country. And every country has own industrial standard. Those industrial standards can not be match with each & every country. Each country has own requirements & policy.
Not Rated
It might make the accounting & analysis easier but it might not be the "right" thing. The differences exist in part because of cultural or philosophical policies among countries & governments. For example, the US emphasis on governance dominated by control shareholder differs from, say, India where emphasis on collaborative governance (e.g., union board representation); neither is "right" for all. Other examples are GAAP vs. cash accounting; income focus versus asset focus; minority rights; transfer pricing; taxes; and so on.
However, that said, there's probably far more in common than different, and those common features should be standardized to the extent possible. Also, some differences are only followed by a small minority of the universe of countries and some differences are inconsequential. If you're a multi-national corporation, it is very costly to meet different accounting requirements in each jurisdiction.
Prev1NextShowing 1 - 2 of 2
Leading recruitment Firm
- Create a confidential Career Profile and Resume/C.V. online
- Get advice for planning their career and for marketing of experience and skills
- Maximize awareness of and access to the best career opportunities
Viewers also viewed
|
|
THE GENERAL APPREHENSION OF THE CONSUMER IS THAT THE ONLY ASSURED SAVING INCOME WILL BECOME A... |
|
|
0 referals
4 arguments,
189 views
|
|
|
Lack of Research and Development vs Compromising on quality standards |
|
|
593 referals
37 arguments,
1169 views
|
|
|
On one hand where Moody's downgraded the outlook on India's banking sector to 'negative' from... |
|
|
918 referals
14 arguments,
363 views
|
|
|
|
|
|
|
Unanswered Questions (61)
|
|
Dear all, I have joined one of the leading company on Aug 2010. Before joining, i had to sign a... |
|
|
0 referals
0 answers,
0 views
|
|
|
Consider the implication of this idea... What would happen if you were to be followed by a... |
|
|
201 referals
1 answers,
20 views
|
|
|
does anyone know why the toostep is not updating ? the last updates on my home page are of 20... |
|
|
0 referals
0 answers,
0 views
|
|
|
|
|
Sponsored Jobs
More From Author
@ Jyotsna , I disagree with your statement that working moms give kids sense of pride... are you trying to say that the kids of housewives lack sense of pride and accomplishment? But you should remember that kids with both the working parents suffer... |
Yes i agree to this format where simply one person who is travelling with his car to work is just waste of fuel and if the same car has like 4 people in it, it will really help in less fuel consumption and will also help in causing less global... |
Growing internationalization diversification of assets will take place. |