chapter 5
DESCRIPTION
Chapter 5. USING CORPORATE FINANCIAL REPORTS ACROSS BORDERS. Learning Objectives:. Identify the different levels at which corporations respond to foreign financial statement users. Recognize how users cope with global diversity in financial reporting. Learning Objectives:. - PowerPoint PPT PresentationTRANSCRIPT
Chapter 5
USING CORPORATE FINANCIAL REPORTS ACROSS BORDERS
Learning Objectives:
1. Identify the different levels at which corporations respond to foreign financial statement users.
2. Recognize how users cope with global diversity in financial reporting.
Learning Objectives:
3. Highlight the main issues that users need to consider in conducting international financial statement analysis.
Chapter Outline:
I. Corporate Responses to Foreign Users of Financial Statements
II. Coping with Transnational Financial Reporting
1. Preparer Response to Transnational Financial Reporting
2. User Response to Transnational Financial Reporting
III. International Financial Statement Analysis
1) Depreciation and Revaluation of Long-Lived Assets
2) Goodwill
3) Foreign Exchange
III. International Financial Statement Analysis
4) Pension and Other Post-employment Benefits
5) Consolidation and Group Reporting
6) Taxation
IV. Additional Issues in International Financial Statement Analysis
1) Availability of Data
2) Reliability of Data
IV. Additional Issues in International Financial Statement Analysis
3) Timeliness of Data
4) Language, Terminology and Format