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Chapter
19 Outline
Chapter 19 Outline
The Adoption of International
Accounting Standards in Germany
Introduction
Country Differences in
Accounting Standards
Relationship between Business and Providers of Capital
Political and Economic Ties with Other Countries
Inflation Accounting
Level of Development
Culture
Accounting Clusters
National and International
Standards
Consequences of the Lack of Comparability
International Standards
Multinational Consolidation
and Currency Translation
Consolidated Financial Statements
Currency Translation
Current US Practice
Accounting Aspects of
Control Systems
Exchange Rate Changes and Control Systems
Transfer Pricing and Control Systems
Separation of Subsidiary and Manager Performance
Chapter Summary
Critical Discussion Questions
China's Evolving Accounting
System
Notes
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