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Item Details
Title: INTERPRETING UNITED STATES FINANCIAL STATEMENTS
By: Chris W. Nobes
Format: Hardback

List price: £65.00


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ISBN 10: 0406502412
ISBN 13: 9780406502414
Publisher: LEXISNEXIS UK
Pages: 248
Description: This book is intended to help accountants and managers in companies that own or are owned by US companies to interpret US financial statements. US and UK accounting procedures are compared in order to illustrate the particular features of US financial reporting.
Synopsis: The commercial world is becoming increasingly internationalized. Many companies not based in the USA own subsidiaries there and many US-based multinationals own subsidiaries in other parts of the world. Also, financial institutions all around the world need to advise personal and corporate clients about investing in or lending to US companies. This book is intended to help accountants and managers in companies that own or are owned by US companies; and to help brokers, bankers, analysts and journalists to interpret US financial statements. US and UK accounting procedures are compared as the author believes this to be the most appropriate comparison, since the greatest bilateral mutual investments of the UK are in the US and vice versa. In addition, the London and New York Stock Exchanges have the largest number of listed companies. A further reason for this comparision is that the UK and EEC reporting practices are now being harmonized and that UK accounting is similar to that of Australia, New Zealand, Honk Kong and Singapore.Nevertheless the book is intended to readers throughout the world and it is hoped that, where contrasts are useful, the US/UK comparison will be the most appropriate to illustrate the particular features of US financial reporting.
Illustrations: glossary of US and UK accounting terms, index
Publication: UK
Imprint: Butterworths Law
Returns: Non-returnable
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INTERNATIONAL CLASSIFICATION OF FINANCIAL REPORTING
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