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A nontechnical guide to international accounting / Roger Hussey, Audra Ong.

By: Contributor(s): Material type: TextTextSeries: Financial accounting, auditing and taxation collectionPublisher: New York, New York (222 East 46th Street, New York, NY 10017) : Business Expert Press, [(c)2020.]Edition: First editionDescription: 1 online resource (182 pages) : illustrations (some color)Content type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9781946646873
Subject(s): Genre/Form: Additional physical formats: Print version:: No titleLOC classification:
  • HF5636
Online resources: Available additional physical forms:
Contents:
Chapter 1. The growth of international accounting -- Chapter 2. Setting international standards -- Chapter 3. Measuring profit and income -- Chapter 4. The statements of financial position (balance sheet) and changes in equity -- Chapter 5. The timing of events -- Chapter 6. Intercompany relations -- Chapter 7. Specific situations -- Chapter 8. Different business activities -- Chapter 9. Changing values -- Chapter 10. Financial instruments.
Abstract: In this book we explain the reasons why we have international accounting standards, the decision of the United States not to adopt international standards, and the main requirements of the standards that have been issued by the International Accounting Standards Board. Many countries now use international accounting for reporting their financial activities, and a knowledge of the standards is needed to understand the information these financial reports convey.
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Chapter 1. The growth of international accounting -- Chapter 2. Setting international standards -- Chapter 3. Measuring profit and income -- Chapter 4. The statements of financial position (balance sheet) and changes in equity -- Chapter 5. The timing of events -- Chapter 6. Intercompany relations -- Chapter 7. Specific situations -- Chapter 8. Different business activities -- Chapter 9. Changing values -- Chapter 10. Financial instruments.

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In this book we explain the reasons why we have international accounting standards, the decision of the United States not to adopt international standards, and the main requirements of the standards that have been issued by the International Accounting Standards Board. Many countries now use international accounting for reporting their financial activities, and a knowledge of the standards is needed to understand the information these financial reports convey.

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