It then reviews the origins and the nature of the principal differences between countries' financial statements, and of the current move toward internationalisation. It then focuses on the key characteristics, first of Anglo-American accounting, then of Continental European accounting, then of Asian accounting and finally of accounting in hyperinflationary environments. The emphasis then shifts to a review of international accounting issues within MNCs. The course finishes with a project, in which students demonstrate the skills acquired in International Financial Analysis. Format, teaching method and assessment There will be a mixture of lectures and case studies.
Most cases involve the analysis of financial statement information.
There is a group project involving a cross-border financial comparison. Course grades are based on individual-student case grades, group project grades, and class participation. The case grade will be assessed on the basis of the best of six grades on seven case write-ups. Several additional cases will be discussed in class, but will not be graded. There will be no exam.