International Accounting and Multinational Enterprises

From the Sarbanes-Oxley Act to new rules in the IASB, the world of global finance is constantly changing. The sixth edition of this best-selling text follows those changes as it presents international accounting within the context of managing multinational enterprises. While examining the efforts of the IASB to establish a uniform set of accounting standards worldwide and its interface with different national standard setters, the author focuses on international business strategies and how accounting applies to these strategies. Discusses recent accounting scandals and resulting legislation, as well as how they will affect the auditing profession and corporate governance in the United States and worldwide. Covers the latest changes in global finance that have an impact on international accounting Offers a unique strategic management perspective. Emphasizes the importance of cultural differences in international accounting. Incorporates extensive case materials to further enhance the coverage.