Although accounting has been called the language of business, misunderstandings and misrepresentations can occur when financial statement data is communicated between countries that use differing accounting standards and methods. Currently, there is no system for presenting corporate financial data in a standardized format. Accountants, tax specialists and investment analysts are forced to rely on the systems they have developed for creating "comparable data" when evaluating international corporate financial information. The title and concept are unique. Kim/Global assumes that the certified financial statements of included corporations contain the useful and reliable financial information that puts investors, creditors and others in a position to make sound business decisions. In order to standardize this data, it applies fundamental analysis to the financial reports of a representative number of corporations doing business worldwide. --This text refers to an out of print or unavailable edition of this title.
The publisher, John Wiley & Sons
Misunderstandings often occur when financial statement data is communicated between countries using different accounting standards and methods. This excellent resource provides the only standardized technique of reporting international corporate financial information based on the concept of fundamental analysis. Assesses the annual reports of 1,500 global enterprises doing business in the major industrialized regions of the world. Presents comparable financial data by graphic locales, standardized industry classifications, and standardized operating ratios. Includes analytical software and is updated semiannually. --This text refers to an out of print or unavailable edition of this title.
See all Editorial Reviews
