International Accounting Harmonization [electronic resource] : Adopting Universal Information Methods for a Global Financial System /
Beke, J.author.
International Accounting Harmonization analyzes the differences between national accounting rules and international accounting methods, showing that when firms adopt international accounting standards they achieve significantly higher positive coefficients compared with firms that only take on local accounting strategies.
Description based upon print version of record.
Cover; Half-TItle; TItle; Copyright; Contents; List of Illustrations; 1. Introduction; Previous Related Literature: A Review; 2. Classification of Accounting Systems; European Accounting System; US GAAP; International Accounting Standards; International Accounting Organizations; Hungarian Accounting System; 3. The Influencing Factors of Accounting Harmonization; Legal System; Financing Methods; Taxation System; Inflation; 4. Problems Caused by Accounting Diversity; Preparation of Consolidated Financial Statements; The Universal Information Methods' Role in Performance Assessment
Lack of High-Quality Accounting InformationAccess to Foreign Capital Markets; 5. Economic Factors of Accounting Harmonization; Role of International Accounting Harmonization in the Division of Labor; International Accounting Harmonization and Financial Innovation; The Effects of International Accounting Harmonization on the Transaction Costs; International Accounting Harmonization Decreases Costs of Capital; 6. Comparative Statistical Analysis; The Accounting Peculiarities of the Member States of the European Union; The Accounting Peculiarities of Countries Outside of the European Union
Evaluation of Certain Accounting Standards7 Effects of Universal Information Methods on Company Performance; Universal Accounting Methods and Company Performance Effects; Universal Accounting Methods and Earnings Management; Universal Accounting Methods and P&L Effects; Universal Accounting Methods and Value Relevance; Empirical Results; Discussions; 8. International Accounting Standardization Process; Basic Features and Methods of the Empirical Research; Findings and Evaluation; 9 Summary and Conclusions; References; Index
Includes bibliographical references and index.
International Accounting Harmonization analyzes the differences between national accounting rules and international accounting methods, showing that when firms adopt international accounting standards they achieve significantly higher positive coefficients compared with firms that only take on local accounting strategies.
Economic policy.
Finance.
Accounting.
Bookkeeping .
Business enterprises—Finance.
Finance, Public.
Economic Policy.
Finance, general.
Accounting/Auditing.
Business Finance.
Financial Accounting.
Public Finance.