Foreign currency translation by United States multinational corporations : toward a theory of accounting standard selection / Dahli Gray.

Format:

Book

Author/Creator:

Gray, Dahli., author.

Series:

Routledge Library Editions: Multinationals ; Volume 3

Language:

English

Subjects (All):

Foreign exchange--Accounting--Standards--United States.

Foreign exchange.

International business enterprises--Accounting--Standards.

International business enterprises.

Financial statements--Standards--United States.

Financial statements.

Physical Description:

1 online resource (167 pages) : illustrations, tables.

Place of Publication:

London ; New York : Routledge, 2017.

Summary:

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.

Contents:

I. Introduction

II. SFAS 52 in perspective

III. SFAS 52 compared to SFAS 8

IV. Literature review

V. Methodology

VI. Results

VII. Conclusions.

Notes:

First published in 1993 by Garland Publishing, Inc.

Includes bibliographical references and index.

Description based on online resource; title from PDF title page (ebrary, viewed February 16, 2017).

ISBN:

1-315-27142-7

1-351-98503-5

1-351-98502-7

9781315271422

OCLC:

980296481