Discuss the view that the individual company financial statements in Germany are useful only for tax purposes.
Question:
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 85% (7 reviews)
The original purpose of financial reporting in Germany was to c...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Comparative international accounting
ISBN: 978-0273703570
9th Edition
Authors: Christopher nobes, Robert parker
Question Posted:
Students also viewed these Accounting questions
-
Discuss the view that the costs of establishing and maintaining accounting standards enforcement bodies are likely in most countries to exceed the benefits.
-
Discuss the view that IFRS 8 ignores the needs of many stakeholders .
-
Discuss how a company's primary financial statements are useful to potential investors who are trying to decide whether to buy stock in the company. Support your discussion by citing objectives...
-
Kim and Kanye have been dating for years and are now thinking about getting married. As a financially sophisticated couple, they want to think through the tax implications of their potential union....
-
Consider the following information on Stocks I and II: The market risk premium is 7 percent, and the risk-free rate is 4 percent. Which stock has the most systematic risk? Which one has the most...
-
A small nonprofit organization is planning a door-to-door marketing campaign to sell Christmas wrapping and gifts. They plan to visit 10 homes. Consultants have estimated that they should expect to...
-
What is a split-ballot technique and what is it used for?
-
Santana Rey, owner of Business solutions, decides to diversify her business by also manufacturing computer workstation furniture. Required 1. Classify the following manufacturing costs of Business...
-
Why is A/B testing so useful for marketing, and digital marketing in particular? Give at least two examples of A/B testing for marketing purposes. Give a null and alternative hypothesis for one of...
-
Reviewing the EPS forecasting performance data for Analysts A and B, you want to investigate whether the larger average forecast errors of Analyst A are due to chance or to a higher underlying mean...
-
Why has the ASB in the UK decided to converge UK standards for individual companies with IFRS?
-
Why are leased assets accounted for differently in individual company financial statements in the UK and France?
-
Describe what a tariff is and its economic effects.
-
A dynamical system is modeled by [3] G(s) = 10 (s + 0.2s + 5)(s + 1) For the same system design a state feedback controller meeting the same requirements, say C2. Show a block diagram representation...
-
The pin-jointed truss shown below is supported at D and vertically roller-supported at G. Three weights are applied (at E, F and H). D A E 2m 2m B The tension in EB is The tension in CH is LL F W 2m...
-
A very long, rectangular cross-section block is made from metal with the following properties: thermal 8719K W g conductivity = 139 K, density = 2907k3, and specific heat capacity = 871 gk. Initially...
-
7. An axial single stage turbine has the following parameters: Inlet total temperature Inlet total pressure Turbine Power Mass flow rate NGV total pressure loss (P02/P01) Rotor total pressure loss...
-
Consider a gas turbine which has : 1 Intercooling stage and 2 Reheating stage with and without regenerator (100% effectiveness), 2 Intercooling stage and 1 Reheating stage with and without...
-
The Hudson Jewelers case study found in MindTap integrates material found in each chapter of this book. Case Questions for Discussion: 1. Hudson Jewelers current layout displays jewelry designs from...
-
A consultant is beginning work on three projects. The expected profits from these projects are $50,000, $72,000, and $40,000. The associated standard deviations are $10,000, $12,000, and $9,000....
-
It is generally not appropriate to apply control charts to the same data that were used to derive the mean and limits. Why? What are the two possible outcomes if this is done, how likely is each, and...
-
How does the SEC influence the setting of accounting standards?
-
What is the AICPA? The AAA?
-
Explain the relationship between financial accounting rules and tax accounting rules.
-
If you weigh your portfolio in 80% risky and 20% risk-free t bills. The optimal risky portfolio consists of 40% in bonds and 60% in ETFs. How much will you have invested in t-bills, bonds, and etfs?
-
b. A 25-year mortgage loan of $184,000 at a 10 percent compound annual interest rate with equal installment payments at the end of each year.
-
What are Cloud-based Services? How does this differ to the common virtualization model?
Study smarter with the SolutionInn App