IAS Will Change U.S. Accounting Rules

Topics:
GAAP
Tags:
Accounting,
Operational Accounting,
Management,
International Accounting Standard,
Globalization,
Financial Services,
Finance,
CFO Publishing Corp.,
Business Environment,
Strategy
Source:
CFO Publishing

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Overview: The dynamic business environment indicates towards the change in the accounting standards throughout the world. As a result, various national systems throughout the world need to unify their efforts by forming global International Accounting Standards (IAS). Given globalization of the economy, truly IAS is needed to increase transparency and spur cross-border investment. Thus, there is an urgent need to adopt effective global accounting practices. The paper explores this issue.

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Format: HTML | Date: Feb 2001 | Pages: 2

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