Submitted by sovy on December 5, 2007

• Category: Business
• Words: 2154
• Pages: 9
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Internationalization Of Accounting Standards For Consolidation

The purpose of this paper will be to examine problems with internationalization
of accounting standards for consolidations on methods from an international
perspective - specifically, in the US and Japan. This is an especially timely
topic as standardization of financial markets is a prerequisite to international
free trade. Given the trends toward greater globalization, the motivations of
companies for seeking a uniform accounting system are strong. If companies have
to prepare their accounts according to several different sets of rules, in order
to communicate with investors in the various capital markets in which they
operate...

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