Foreign Currency Translation By United States Multinational - Toward a Theory of Accounting Standard Selection

Multinational corporate managers, financial analysts, and accountants disagree on what constitutes the appropriate process of translating and consolidating foreign financial statements into US financial statements. In this book, first published in 1993, the author examines financial accounting regarding foreign currency translation for and by multinational corporations by developing: (a) an historical background for the topic, (b) a comparative analysis of two foreign currency translation accounting standards, (c) a topical review of relevant prior research, and (d) a study of multinational corporate managers' actions when they face a choice between two accounting standards. This title will be of interest to students of business studies.

List of contents

Acknowledgments; Abstract; 1. Introduction 2. SFAS 52 in Perspective 3. SFAS 52 Compared to SFAS 8 4. Literature Review 5. Methodology 6. Results 7. Conclusions; Appendixes; References; Index

About the author

Dahli Gray

Summary

In this book, first published in 1993, the author examines financial accounting regarding foreign currency translation for and by multinational corporations. This title will be of interest to students of business studies.

Product details

• Authors: Dahli Gray, Gray Dahli
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Paperback / Softback
• Released: 16.07.2018
• EAN: 9781138281004
• ISBN: 978-1-138-28100-4
• No. of pages: 166
• Series: Routledge Library Editions: Multinationals
• Subjects: Social sciences, law, business > Business > General, dictionaries; Business & Economics / General, Economics, Business and Management, Accounting, BUSINESS & ECONOMICS / Economics / General, BUSINESS & ECONOMICS / International / General, BUSINESS & ECONOMICS / Business Communication / General, International business, United States of America, USA, Business communication and presentation, Multinationals