Questions from International Accounting

Q: What would be the advantages of having a single set of accounting

What would be the advantages of having a single set of accounting standards used worldwide?

Q: How does harmonization differ from convergence?

How does harmonization differ from convergence?

Q: What are the two major types of legal systems used in the

What are the two major types of legal systems used in the world? How does the type of legal system affect accounting?

Q: How does the relationship between financial reporting and taxation affect the manner

How does the relationship between financial reporting and taxation affect the manner in which income is measured for financial reporting purposes?

Q: Who are the major providers of capital (financing) for business

Who are the major providers of capital (financing) for business enterprises? What influence does the relative importance of equity financing in a country have on financial statement disclosure?

Q: What are the major problems caused by worldwide accounting diversity for international

What are the major problems caused by worldwide accounting diversity for international portfolio investment?

Q: What are the hypothesized relationships between the cultural value of uncertainty avoidance

What are the hypothesized relationships between the cultural value of uncertainty avoidance and the accounting values of conservatism and secrecy?

Q: A re there any major accounting issues that have not yet been

A re there any major accounting issues that have not yet been covered by IFRS?

Q: According to Nobes, what are the two most important factors influencing

According to Nobes, what are the two most important factors influencing differences in accounting systems across countries?

Q: The Vanguard Group is an investment fi rm with more than 50

The Vanguard Group is an investment fi rm with more than 50 different mutual funds in which the public may invest. Among these funds are 13 international funds that concentrate on investments in non-U...