International-Accounting

International Accounting is the international aspects of accounting that includes accounting principles and reporting practices in different countries and their classification, Patterns of accounting development, International and regional harmonization, Foreign currency translation, Foreign exchange risk, International comparisons of consolidation accounting and inflation accounting, Accounting in developing countries, Accounting in communist countries, Performance evaluation of foreign subsidiaries. In order to consider the set of standards stating how particular types of transactions and other events should be reflected in financial statements, a set of standards termed as international accounting standards (IAS) were issued.

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Last date updated on September, 2024