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Titlebook: Global Financial Reporting; John Flower,Gabi Ebbers Textbook 2002Latest edition The Editor(s) (if applicable) and The Author(s) 2002 accou

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Textbook 2002Latest editionnies, as national laws and standards are supplanted by global rules. Beginning with an analysis of the financial reporting practices of five major countries, it proceeds to an examination of the International Accounting Standards Committee..This book sets new standards for the study of global financ
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The Causes of Diversityects of financial reporting, including the types of statements, the amount of disclosure in these statements and the methods used to measure the items contained in these statements. This chapter analyses the causes of this diversity.
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Germanycertain years its exports even exceeded those of the USA. German enterprises are large investors in other countries in terms both of annual flows and of stock; in both areas Germany is third after the USA and Britain. There are seven German enterprises in the top fifty MNEs: DaimlerChrysler, Volkswagen, Siemens, BMW, Bayer, VIAG and BASF.
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