Compatibility Problems and Accounting Analytical Essay by ResearchRiter

Compatibility Problems and Accounting
This paper looks at compatibility problems in different accounting standards for multinational companies.
# 126108 | 2,000 words | 3 sources | APA | 2008 | US


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Description:

A brief examination of the differences in the handling of inventory under various accounting standards. The writer discusses three accounting standards in the financial world today. These are the Financial Accounting Standards Board (FASB), Generally Accepted Accounting Principles (GAAP) and the International Accounting Standards Board.

From the Paper:

"The underlying problem is that there are three accounting standards in the financial world today. The first the Financial Accounting Standards Board or FASB used in the United States. The second is Generally Accepted Accounting Principles or GAAP that varies from country to country. Finally there is the International Accounting Standards Board. The objective of all these rules is transparency. The achievement of this objective is to say the least elusive."

Cite this Analytical Essay:

APA Format

Compatibility Problems and Accounting (2008, December 01) Retrieved March 31, 2020, from https://www.academon.com/analytical-essay/compatibility-problems-and-accounting-126108/

MLA Format

"Compatibility Problems and Accounting" 01 December 2008. Web. 31 March. 2020. <https://www.academon.com/analytical-essay/compatibility-problems-and-accounting-126108/>

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