LEADER 04090nam 2200733 450 001 9910815978003321 005 20230125222148.0 010 $a1-60649-730-8 035 $a(CKB)3710000000279076 035 $a(CaPaEBR)ebrary10940881 035 $a(SSID)ssj0001548742 035 $a(PQKBManifestationID)16153242 035 $a(PQKBTitleCode)TC0001548742 035 $a(PQKBWorkID)14802569 035 $a(PQKB)11108871 035 $a(OCoLC)891187324 035 $a(CaBNVSL)swl00404015 035 $a(Au-PeEL)EBL1771359 035 $a(CaPaEBR)ebr10940881 035 $a(CaONFJC)MIL824756 035 $a(CaSebORM)9781606497302 035 $a(MiAaPQ)EBC1771359 035 $a(EXLCZ)993710000000279076 100 $a20140926d2014 fy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aPick a number $einternationalizing U.S. accounting /$fRoger Hussey and Audra Ong 205 $aFirst edition. 210 1$aNew York, New York (222 East 46th Street, New York, NY 10017) :$cBusiness Expert Press,$d2014. 215 $a1 online resource (168 p.) 225 1 $aFinancial accounting and auditing collection,$x2152-7121 300 $aPart of: 2014 digital library. 311 $a1-60649-731-6 320 $aIncludes bibliographical references (pages 143-148) and index. 327 $a1. U.S. accounting regulation -- 2. The move toward international accounting -- 3. The U.S. engagement -- 4. Successes and failures -- 5. The disagreements -- 6. The end and the beginning -- Notes -- References -- Index. 330 3 $aFor many years, individual countries decided their own rules and regulations for company financial accounting and reporting. As the world became more global, problems began to arise. A company could make a profit for the year if the rules in its own country were applied, but this could turn into a loss if another country's rules were used. This did not make sense. Investors were hesitant to buy shares in foreign companies, companies were careful when the financial stability of foreign suppliers and customers could not be established, and companies wanting to list on a foreign stock exchange, for example, New York, experienced difficulties. To prevent this confusing and misleading state of affairs, attempts were made at the international level to agree on what the rules, known as accounting standards, should be for financial accounting and reporting. Those standards are now issued by the International Accounting Standards Board (IASB). Since 2002, the standard setter in the United States, the Financial Accounting Standards Board (FASB), has been actively engaged with the IASB in attempting to converge U.S. regulations with international accounting standards. These events are not only important to accountants, but to everyone who has been dealing with a company. This could be investors, employees, customers, banks, suppliers, and the tax authorities. If you are interested in the financial performance and status of a company, you need to understand the accounting rules, their changes, and the reasons they pursue an international set of standards. 410 0$a2014 digital library. 410 0$aFinancial accounting and auditing collection.$x2152-7121 606 $aAccounting$xStandards 606 $aAccounting$xStandards$zUnited States 610 $aaccounting standards 610 $aconceptual frameworks 610 $aconvergence 610 $aFinancial Accounting Standards Board 610 $afraud 610 $aInternational Accounting Standards Board 610 $aNorwalk Agreement 610 $aprinciples-based approach 610 $arules-based approach 615 0$aAccounting$xStandards. 615 0$aAccounting$xStandards 676 $a657.0973 700 $aHussey$b Roger.$0292982 702 $aOng$b Audra Wei Ming. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910815978003321 996 $aPick a number$93990206 997 $aUNINA