Make informed decisions in today’s dynamic international business environments
International accounting has never been so exciting. Not only is the pace of international business, finance, and investment rapidly increasing, but we are also moving closer than ever before toward a convergence of accounting standards worldwide.
Updated and revised to keep pace with these changes, this Sixth Edition of Radebaugh, Gray, and Black’s International Accounting and Multinational Enterprises focuses on international business strategies and how accounting applies to these strategies. You’ll learn how to use financial and accounting information across borders, and make more informed decisions in an increasingly complex international business environment. The authors also explain the key factors, including cultural differences, that influence accounting standards and practices in different countries, and how those factors impact the harmonization of standards worldwide.
New to This Edition:
Encompassing recent developments such as the North American Free Trade Agreement (NAFTA) and the new World Trade Organization, Radebaugh (Brigham Young U.) and Gray (U. of Warwick) aim to prepare students for studying and participating in the global economy. To this end, they provide expanded coverage of the nature of foreign exchange markets, exchange rates, and have added China and Brazil to their comparative analyses of accounting systems. Chapters on 20th and 21st century international dimensions of accounting, financial analysis, reporting, management control, auditing, and taxation include objectives, a summary, discussion points, and actual (usually) multinational enterprises (MNE) case studies. Annotation c. by Book News, Inc., Portland, Or.