Multinational Accounting: Segment Disclosure and Risk (Croom Helm Series on International Accounting and Finance)
| Author | : | |
| Rating | : | 4.17 (979 Votes) |
| Asin | : | 0709940106 |
| Format Type | : | paperback |
| Number of Pages | : | 320 Pages |
| Publish Date | : | 0000-00-00 |
| Language | : | English |
DESCRIPTION:
Multivolume collection by leading authors in the field
Disclosure and risk management This book is a great contribution to accounting. Reporting techniques have been revised due to the phenomenon of multinational companies and mergers. Accurate information is the basis of an open market function in terms of stock trade. However I think that more emphasis should be given in the book to the techniques that investigate the relation between future benefits and segmental disclosure of information of conglomerate enterprises.
This book presents an authoritative and in-depth analysis of the disclosure issue from both theoretical and practical standpoints. Obviously this exposes the subsidiary to the risk of takeover by a competitor and/or to intervention on the part of the host government. This changed in subsequent years with increasing legal requirements to publish separate national accounts for each subsidiary. The author describes the methods used to research and evaluate disclosure risks and benefits and presents much new thinking and many new research findings on this important topic.. Up until the mid 1980s multinational enterprises usually published only consolidated worldwide accounts
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