Course Description: Introduction to international accounting. Financial Reporting in nearly all jurisdictions is changing as major world economies move toward an ever more complete state of harmonization – at least on the surface. With the growth of multinational corporations and international job opportunities, certain accounting issues require special emphasis. Some are technical; others involve unique concepts. Recognition that the GAAP of any country is not universal and that local or national practices are not always the best (and that, historically, there is great diversity in accounting norms around the world) is a valuable addition to the skills of any accountant or manager. This course provides background to understand and interpret current accounting issues that face multinationals, including the underlying differences among countries. The course will frequently be linked to real economic events, financial reports and developments in a field that is rapidly changing. IFRS coverage will be included where appropriate. Please note that the adoption of IFRS by so many countries does not make the study of International Accounting obsolete – entirely the opposite may be true!
- Course creator: Secord Peter
- Teacher: Linh Nguyen