Global Financial Reporting

Global Financial Reporting analyses and explains the revolution that is currently occuring with respect to the accounts of major multinational companies, as national laws and standards are supplanted by global rules. Beginning with an analysis of the financial reporting practices of five major countries, it proceeds to an examination of the International Accounting Standards Committee. This book sets new standards for the study of global financial reporting. It adopts a critical approach backed up with examples from the annual reports of major companies and with reference to the latest research