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Tag - International Accounting

International Accounting

What is Domestic Accounting? Domestic Accounting: an information specialty providing information about a firm to users of that information as a basis for economic decisions. What is International Accounting? International Accounting (defined): same as above except that the firm being reported on is a multinational company with operations and transactions that cross national boundaries or an entity with reporting obligations to non-domestic readers. What Does International Accounting Diversity Entail?   Measurement principles Financial disclosure (corporate transparency) Auditing practices Contributing Factors  Accounting’s international heritage Double-entry originates in the Italian city states. Bookkeeping [...]

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