Convergence-potential international reporting obligations

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Reference no: EM13793233

It is easy to dismiss discussions of foreign activities by affirming that your plans never include working for a publicly traded company with international operations or dealing with clients of major accounting firms that might have such issues. But that would be incredibly short sighted.

1. How might you encounter international issues in your career as an industry or client-serving accountant?

Consider the implications of U.S. exporters; U.S. retail companies that purchase goods internationally; or U.S. parents that acquire international subsidiaries that must be consolidated.

2. How might international issues affect your career more broadly, in terms of educational requirements or broad economic effects?

Consider the future of convergence and potential international reporting obligations, and economic situations that are affected by the relative strength of the U.S. dollar against foreign currencies.

Reference no: EM13793233

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