Questions from International Accounting

Q: There is no agreement internationally on how to address the issue of

There is no agreement internationally on how to address the issue of auditor liability. Required: Describe the approach taken in your own country in addressing the issue of auditor liability, and exp...

Q: It is impossible to separate the performance of a foreign subsidiary from

It is impossible to separate the performance of a foreign subsidiary from that of its managers, and there is no need for it. Required: Critically comment on the preceding statement.

Q: Sometimes an MNC may decide to use local currency to evaluate a

Sometimes an MNC may decide to use local currency to evaluate a foreign subsidiary. Required: Explain the circumstances under which it may be appropriate for an MNC to use local currency to evaluate...