Accounting standards and convergence scenario

Accounting standards and convergence scenario (Hardcover)

By Alok Kumar Pramanik 
Publisher: Neha Publishers & Distributors
Edition: Hardcover
Language: English
ISBN: 8184503911
EAN: 9788184503913
Publish Date: 2011-1-1
Binding: Hardcover
Ships to India.

Description

About the Book

The increasing integration of the world capital markets and the explosive growth of cross-border financial transactions in 21st Century have made it an imperative need to create a common world-wide language for communication of financial information. This present lack of a common accounting language imposes significant burdens on those financial regulators that have to deal with financial reports prepared under different frameworks. The existence of diverse financial reporting frameworks also creates problems for those involved in cross-border investing and cross-border security listings. There is a growing realization that a globally accepted common language will aid world economic growth by enhancing the efficiency of capital markets around the world. Convergence of accounting standards is the need of the hour for the purpose of maintaining the uniformity of accounting and reporting practice.
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Specification

Title: Accounting standards and convergence scenario
Publisher: Neha Publishers & Distributors
Author: Alok Kumar Pramanik
Edition: Hardcover
Language: English
ISBN: 8184503911
EAN: 9788184503913
Publish Date: 2011-1-1
Binding: Hardcover

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