International Financial Reporting

This document explores the interplay between cultural dimensions and accounting practices, highlighting how cultural factors influence reporting systems. It discusses the implications of accounting diversity for multinational corporations, including consolidation challenges, financial statement comparability, and the impact of international accounting standards like IFRS and US GAAP. Most important concepts, including examples; - Cultural Dimensions: Factors like power distance and individua...

International Financial Reporting (EBM045B05) Notes/Notes 20232024

In this document you will find my lecture notes for the course International Financial Reporting, an elective course for the Masters Finance, International Financial Management, Management Accounting and Control, International Business and Management, Small Business and Entrepreneurship, and Change Management (at the University of Groningen).