[Download] "On Accounting and Culture/ Comptabilite Et Culture (Report)" by Canadian Social Science # Book PDF Kindle ePub Free
eBook details
- Title: On Accounting and Culture/ Comptabilite Et Culture (Report)
- Author : Canadian Social Science
- Release Date : January 01, 2007
- Genre: Social Science,Books,Nonfiction,
- Pages : * pages
- Size : 178 KB
Description
1. INTRODUCTION Since 1990s, global economy has developed very fast. In the process of globalization, different states become more and more interdependent, and the resources are supposed to be reallocated in a rational way. Globalization has brought about great changes in many fields, for example, in accounting. Accounting is regarded as the commercial language in global economy. Changes have taken place in accounting, one of which is an internationally unified accounting standards--International Financial Reporting Standards. The aim of IFRS is to provide high quality, understandable, and enforceable global accounting standards, and they can help to provide transparent and comparable financial information. Transparent and comparable financial information on a global scale plays an important role in investment, trade, and in the management of multinational corporations. EU, Australia, New Zealand, and Singapore have adopted IFRS.