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Long Term Debt Bristol Myers
1,249 words"A Critical Analysis to Disclosure in Financial Reporting" Bristol-Myers mission is to be the preeminent global diversified health and personal care Company. Bristol-Myers seeks to achieve success in the global marketplace. Product- Bristol-Myers is a maker of many useful products that people use and may depend on today. There products range from Pharmaceutical ($ 8, 672 million), consumer medicines ($ 4, 278 million), Clairol a well known hair care system ($ 1, 160 million), Matrix ($ 306 milli...
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Terrorist Attacks Financial Statements
1,371 wordsAccounting Report is the leading provider of competitive intelligence for accounting firms. It is renowned for its straight reporting and analysis of the news, developments, and trends that have defined the profession for over 20 years. Topics covered include breaking news, in-depth firm profiles, mergers and acquisitions, office closings, auditor changes, key personnel moves, legal and regulatory issues, competitive intelligence, niche practices and product launches, and much more. Here are sev...
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Need For Harmonization Of International Accounting Standards
976 wordsIntroduction As there has been a tremendous growth in the market place with the existing accounting practices, this leads us to question why do we need harmonization of International accounting standards, what are its advantages and what are the barriers that hinder harmonization? Although accounting may be the "language of business, " a common language has never been necessary -- at least as long as the world economy consisted of a set of more or less distinct national economies. (Mednick 1991)...
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Need For Harmonization Of International Accounting Standards
1,033 words... an additional political dimension to any effort to change those standards. (Said 2001) Another barrier that the governments of different countries will have to face is the coordination of their accounting policies with policies prevailing in other countries in order to minimize negative externalities and to maximize positive externalities. There are other barriers to harmonization as well. For example, users might have different needs in different nations (e. g. , debtor vs. creditor nations...
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Accounting Standards Accounting Profession
1,841 wordsThis report discusses the accounting practices of the following countries U. K, U. S. A and China. An analysis of these different accounting systems will be conducted on issues such as the growth and background, social, economic and fiscal pressures that have led to each nations current characteristics. Concluding on the direction each nations accounting systems and practices seem to be heading towards. Introduction The main characteristics of U. K accounting is that it is highly dominated by or...
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Accounting Standards Financial Statements
1,335 wordsTable of Contents. Theoretical aspects of accounting and the main principles of accounting. The special accounting standards in European Union. The future of accounting standards. 1. Theoretical aspects of accounting and the main principles of accounting. For fairly and consistently financial statement every national or multinational company needed accounting standards and describe the financial performance. Without standards, users of financial statements would need to learn accounting rules of...
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Coca Cola Financial Reporting
2,447 wordsSeptember 28, Financial Reporting On September 28, 1998, Chairman of the U. S. Securities and Exchange Commission Arthur Levitt sounded the call to arms in the financial community. Levitt asked for, " immediate and coordinated action? to assure credibility and transparency" of financial reporting. Levitt? s speech emphasized the importance of clear financial reporting to those gathered at New York University. Reporting which has bowed to the pressures and tricks of earnings management....
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