To what extent, if at all, is US accounting influenced by accounting in other countries?

Question:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Comparative international accounting

ISBN: 978-0273703570

9th Edition

Authors: Christopher nobes, Robert parker

See More Books

Question Posted: Aug 31, 2012 01:14 AM

See More Questions

Differences across countries have elicited complaints from US businesses that certain foreign countries allow liberal accounting methods that provide unfair trade advantages for their local companies...
What objections do other countries have to extraterritorial application by the United States of its laws?
To what extent does push-down accounting facilitate the consolidation process?
On December 31, 2021, L Inc. had a $1,600,000 note payable outstanding, due July 31, 2022. L borrowed the money to finance construction of a new plant. L planned to refinance the note by issuing...
The Collins Co. has just gone public. Under a firm commitment agreement, the company received $22.32 for each of the 9.5 million shares sold. The initial offering price was $24 per share, and the...
Consider the steps in the research process. What are some of the major problems that are likely to be encountered at each step in the research process?
Gender diversity of board of directors. The gender diversity of a large corporations board of directors was studied in Accounting & Finance (December 2015). In particular, the researchers wanted to...
1. George Parker is trying to support the teachers in WTU by satisfying their needs. What needs is he focusing on by appealing the dismissals of teachers and threatening to file a lawsuit? 2. How do...
r2 Required information {The following information applies to the questions displayed below) Del Gato Clinic's cash account shows an $11,589 debit balance and its bank statement shows $10,555 on...
A sample consisting of 100 employees has been given a manual-dexterity test. Given the accompanying frequency distribution, determine the approximate mean and standard deviation for these data. Data...
US accounting is the best in the world.' Discuss.
Which US accounting practices seem out of line with those of many other countries? What explanations are there for this?
Using Table 8.4, estimate ÎH for each of the following reactions: a. 2CH4 (g) + O2 2CH3OH (g) b. H2 (g) + Br2 (g) 2HBr (g) c. 2H2O2 (g) 2H2O (g) + O2 (g) TABLE 8.4 Single Bonds e Average Bond...
How do multi-track diplomacy frameworks, integrating official, unofficial, and grassroots efforts at different levels of society, enhance the effectiveness and inclusivity of conflict resolution...
As explained by Welch, what should managers do to determine what their own organizations have been up to ?
As an administrator how do you demonstrate below situation with suitable examples. 1 Completes tasks to a high standard 2 Demonstrates the necessary level of expertise required to complete tasks and...
What influences do the pharmaceutical companies have on psychiatry? What acronym can guide you in formulating a treatment plan (hint: Your instructor emphasizes this when creating a treatment plan,...
How do you write a board paper from an article? for example how would y a board paper from the article below look like? Aritcle...
List and describe the various kinds and characteristics of restaurants. LO-1
For each of the following reactions, express the equilibrium constant: a) H20 (I) H2 (g) + 02 (g) Ke = 1.0x107 b) Fe2 (g) 2F (g) Ke= 4.9 x 10-21 c) C (s) + O2 (g) d) H2 (g) + C2H4 (g) C2H6 (g) Ke =...
Which one of the following best describes the strategic approach your company is taking to try to compete successfully on an international basis? Multidomestic or think local, act local approach ...
1. The disclosure requirements for an operating segment do not include: (a) Unusual items (b) Income tax expense or benefit (c) Extraordinary items (d) Cost of goods or services sold 2. A...
1. The disclosure requirements for an operating segment do not include: (a) Unusual items (b) Income tax expense or benefit (c) Extraordinary items (d) Cost of goods or services sold 2. A...
Vic Corporation operates entirely in the United States but in different industries. It segments the business based on industry. Total sales of the segments, including intersegment sales, are as...
American Food Services, Incorporated leased a packaging machine from Barton and Barton Corporation. Barton and Barton completed construction of the machine on January 1 , 2 0 2 4 . The lease...
Which of the following statements is true? Financial measures tend to be lag indicators that report on the results of past actions. LA profit center is responsible for generating revenue, but it is...
Andretti Company has a single product called a Dak. The company normally produces and sells 8 0 , 0 0 0 Daks each year at a selling price of $ 5 6 per unit. The company s unit costs at this level of...

To what extent, if at all, is US accounting influenced by accounting in other countries?

Question:

Step by Step Answer:

Clearly just as the US language and legal system are British in origin so is the US accounting syste...View the full answer

Comparative international accounting

Students also viewed these Accounting questions