International Accounting

Learning Outcomes

Upon successful completion of this course, students are expected to be able to identify the relevant accounting issues in multinational companies, explain the differences in accounting standards and practices internationally, apply appropriate accounting techniques to manage foreign currency transaction and financial statement, illustrate the efforts and obstacles of achieving international accounting harmonization, examine challenges in analyzing financial statements and in conducting managerial planning and control of cross-border organizations, compare differences in national tax systems and describe how transfer pricing systems influencing the corporate global objectives of multinational enterprises, as well as identify and explain the problems caused by accounting diversity.

Topics

This course is designed to prepare students to contribute professionally and operate effectively in a global business environment. This course is to help students to deal with the accounting issues unique to multinational corporations, especially with respect to foreign operations, and also acquire basic knowledge about the various functional areas of accounting in many countries of the world. In the course, students will learn the different features of the world’s major accounting systems, and develop the skills to use accounting information from foreign sources to make various economic decisions in multinational companies.

Pre-requisite: None