BUS 616 Week 5 Country Differences in Accounting Standards Assignment
Country Differences in Accounting Standards
Read chapter 20 and write a two to three page paper in APA format with a detailed analysis that answers the following questions:
- What are the benefits of adopting international accounting standards for (a) investors, and (b) business enterprises?
- What are the potential risks associated with a move toward the adoption of international accounting standards in a nation?
- Should companies be allowed to keep to sets of accounting records?
- The first record would be according to the company’s home country’s accounting requirements.
- The second set of records would be according to the International Accounting Standards Board (IASB).
- Which record should investors rely upon? Explain your answers.
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In addition to the required text, provide at least two additional sources to support your arguments. Your paper should be formatted in APA style as outlined in the Ashford Writing Center.
Course: BUS616 International Business
School: Ashford University