Discuss four benefits of international standardisation

Assignment Help Financial Accounting
Reference no: EM13491601

You are an investor seeking an investment opportunity. You have obtained the financial statements of two separate, independent companies, each from a different country. You notice that there are some accounting differences between the two sets of financial statements, and are having some trouble comparing between the two.

Required (approximately 400 words):

In light of the above, list and briefly discuss four benefits of international standardisation of accounting standards.

 

Reference no: EM13491601

Questions Cloud

What is the frequency produced by the oscillator : two loudspeakers placed 6.0 m apart are driven in phase by an audio oscillator, whose frequency range is 1350 Hz to 1826 Hz. What is the frequency produced by the oscillator
Explain neutral ph for aluminum hydroxide : Gives what happens at neutral pH for aluminum hydroxide. A) Al dissolves B) Al(H2O)63+ dissolves C) Al(OH)3 precipitates D) Al(H2O)2(OH)4- dissolves
Define what happens at low ph for aluminum hydroxide : Gives what happens at low pH for aluminum hydroxide. A) Al(OH)3 precipitates B) Al precipitates C) Al dissolves D) Al(H2O)63+ dissolves
Determine which debt instrument will be most cost effective : Calculate and determine which debt instrument will be the most cost effective way for Cloth Group Ltd to raise medium-term finance.
Discuss four benefits of international standardisation : In light of the above, list and briefly discuss four benefits of international standardisation of accounting standards.
Explain a result of the common-ion effect : A result of the common-ion effect is . A) that some ions, such as Na+ (aq), do not participate in solubility equilibria
Who has to comply with accounting standards : Use the AASB Framework's definition and recognition criteria of assets to explain to Sandy why you have excluded employees from the financial statements.
The current annual energy consumption in the united states : Current annual energy consumption in the United States is 99.3 quads. Assume that all this energy is to be generated by burning CH4(g) in the form of natural gas.
What was the final velocity of the big fish after the meal : Assuming no water resistance, a big fish is gliding through the water with momentum 2.0kg m/s. What was the final velocity of the big fish after the meal

Reviews

Write a Review

Financial Accounting Questions & Answers

  What happens to consumer surplus in the market for lemons

An early freeze in California sours the lemon crop. What happens to consumer surplus in the market for lemons? What happens to consumer surplus in the market for lemonade? Illistrate your answers with diagrams

  Analyze the fine points of portfolio theory and determine

Analyze the fine points of portfolio theory and determine which single point is the most difficult for investors to understand, and then explain it in a way that your grandmother would understand (assuming she is not a financial analyst).

  Develop a scorecard and dashboard

Develop a scorecard and dashboard illustrating the key indicators and send the samples and a memo to the board members

  Gain of loss on sale of the 20 interest balance in purples

gain of loss on sale of the 20 interest balance in purples investment.the balance of purple companys investment in

  Importance of the sox act

Importance of the SOX Act, but he acknowledged that he does not know much about it. He requested that you explain why the SOX Act was enacted and if you think it has helped the industry.

  Calculation of maximum amount of additional finance that

calculation of maximum amount of additional finance that can be borrowed.bpc anticipates reaching a sales level of 6

  Question 168 bobby sons and smith company was concerned

question 168. bobby sons and smith company was concerned that increased sales did not result in increased profits for

  Determine materials price variance

Determine the variances and indicate whether each is favorable or unfavorable, Materials price variance and Materials quantity variance

  What is price of the associated put option

A stock currently sells for $32. A 6-month call option with a strike price of $35 has a price of $2.27. Assuming a 4% continuously compounded risk-free rate and a 6% continuous dividend yield, what is price of the associated put option

  Identify industries in your area that must accouont assets

Identify industries in your area that must accouont for at least one of the following assets: natural resource, patent, lease, leasehold improvement, copyright, trademark, or goodwill.

  Dollar-value lifo retailon january 1 2011 the granma hat

dollar-value lifo retailon january 1 2011 the granma hat company adopted the dollar-value lifo retail method. the

  Determine o''brien vineyards degree of operating leverage

Evaluate O'Brien Vineyards margin of safety percentage? Determine O'Brien Vineyards degree of operating leverage?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd