International AccountingToward Research and Development Costs Harmonization
- Topics:
- Decision Analysis
- Source:
- The CPA Journal
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Overview: Article is on International accounting that discusses the issues of research & development costs harmonization. Research and development (R&D) activities have become an increasingly important share of an enterprise’s expenditures and worth. The accounting for R&D costs varies considerably by jurisdiction around the world. The different approaches can distort results and present an obstacle to comparability and international harmonization. International accounting harmonization would bring benefits not only in terms of reduced costs of appraising financial statements by international fund managers, credit grantors, and other parties, but also in terms of reduced reporting costs by multinational enterprises. Read the article to get the details.
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Format: HTML | Date: Sep 2003 | Pages: 1





