000			04006nam a2200529 i 4500
001			9781947098947
003			BEP
005			20240726104648.0
008			180612s2018 nyu foab 001 0 eng d
020			_a9781947098947 _q((electronic)l(electronic)ctronic)-book
040			_aCaBNVSL _beng _erda _cCaBNVSL _dCaBNVSL
050	0	4	_aHF5616 _b.P535 2018
100	1		_aHussey, Roger, _e1
245	1	0	_aPick a number : _bthe U.S. and international accounting / _cRoger Hussey, Audra Ong.
250			_aSecond edition.
260			_aNew York, New York (222 East 46th Street, New York, NY 10017) : _bBusiness Expert Press, _c(c)2018.
300			_a1 online resource (x, 163 pages)
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_adata file _2rda
490	1		_aFinancial accounting and auditing collection,
504			_a1 (pages 147-156) and index.
505	0	0	_a1. The development of national accounting -- _t2. The move to international accounting -- _t3. The convergence project -- _t4. Standards of dissent -- _t5. The end and the beginning -- _tNotes -- _tReferences -- _tAbout the authors -- _tIndex.
520	3		_aFor many years, individual countries decided their own rules and regulations for company financial accounting and reporting. As the world became more global, problems began to arise. A company could make a profit for the year if the rules in its own country were applied, but this could turn into a loss if another country's rules were used. This did not make sense. Investors were hesitant to buy shares in foreign companies, trading businesses were careful when the financial stability of foreign suppliers and customers could not be established, and companies wanting to list on a foreign stock exchange, for example, New York, experienced difficulties. To prevent this confusing and misleading state of affairs, attempts were made at the international level to agree on what the rules, known as accounting standards, should be for financial accounting and reporting. Those standards are now issued by the International Accounting Standards Board (IASB). From 2002, the standard setter in the United States, the Financial Accounting Standards Board (FASB), was actively engaged with the IASB in attempting to converge U.S. regulations with international accounting standards. Although several successes were achieved, the "convergence project" faltered and faded away in 2014. These events are important not only to accountants, but to everyone who has been dealing with a company. This could be investors, employees, customers, banks, suppliers, and the tax authorities. If you are interested in the financial performance and status of a company, you need to understand the accounting rules, their changes, and the reasons they pursue an international set of standards.
530			_a2 _ub
530			_aAlso available in printing.
538			_aMode of access: World Wide Web.
538			_aSystem requirements: Adobe Acrobat reader.
588			_aTitle from PDF title page (viewed on June 12, 2018).
610	2	0	_aFinancial Accounting Standards Board.
610	2	0	_aInternational Accounting Standards Board.
650		0	_aAccounting _xStandards.
650		0	_aAccounting _xStandards _zUnited States.
653			_aaccounting standards
653			_aconceptual frameworks
653			_aconvergence
653			_aFinancial Accounting Standards Board
653			_afraud
653			_aInternational Accounting Standards Board
653			_aNorwalk Agreement
653			_aprinciples-based approach
653			_arules-based approach
700	1		_aOng, Audra Wei Ming, _e1
856	4	1	_uhttps://go.openathens.net/redirector/ciu.edu?url=https://portal.igpublish.com/iglibrary/search/BEPB0000743.html _zClick here to access this RESOURCE ONLINE | Login using your my.ciu username & password
942			_c1 _D _eBEP _hHF5616.U5 _m(c)2018 _QOB _R _x _8NFIC _dCynthia Snell
999			_c74097 _d74097
902			_a1 _bCynthia Snell _c1 _dCynthia Snell