Written in sync with the changing accounting practices the world over, this text provides comprehensive coverage of the core concepts of international accounting and their applications, with detailed discussion on international financial management which has gained importance over recent years due to globalization and liberalization.
The text also traces the genesis of international accounting, and discusses at length topics such as foreign currency translation, consolidation of foreign financial statements, transfer pricing, international taxation and financial reporting practices in leading countries such as USA, UK, Canada and Germany.
Intended primarily as a text for the postgraduate students of financial studies such as MFC, Commerce, and International Business (MIB), postgraduate students of management specializing in finance, this accessible text can also be used for professional courses like CA and ICWA.
NEW TO THIS EDITION :
Explains International Financial Reporting Standards (IFRS) and its implementation.
Includes four new chapters (Chapters 11–14) on international financial management, foreign exchange forecast, measurement and management of foreign exchange exposure to enlarge the scope of the book.
Provides key terms at the end of each chapter for better comprehension.
KEY FEATURES :
Comparative analyses in line with the IAS, AS and the US Accounting Standards/GAAP
Tabular representation of ideas/concepts for clear understanding
Large number of worked-out examples provided in a graded manner to illustrate the concepts
Review questions at ends of chapters
Exhaustive glossary at the end of the book
About the Author:A. K. DAS MOHAPATRA (PhD, Finance) is Professor and former Head of the Department of Business Administration at Sambalpur University, Odisha. He has 23 years of teaching, research and consultancy experience in Management. Dr. Das Mohapatra has over 40 research papers to his credit and has authored a book on Corporate Financial Management. His areas of interest include strategic financial management, management of financial services and corporate governance.