International Accounting

The internationalisation of business and the tendency of financial markets to become global means that companies and investors have to be prepared to address the accounting requirements of not only their own countries but also those of major trading partners. International Accounting is a student text which provides a comprehensive examination of financial accounting practices in all major, and several emerging, industrial nations, including the United States, Australia, Japan, the larger member states of the European Community and Eastern Europe. Each country is analysed by an author who is both a national of the country and an expert in its accounting system. The authors all have a wealth of practical and academic experience. Each country is dealt with in a similar and structured fashion to enable ease of comparison. In addition to the individual country/region studies there are comprehensive chapters dealing with the major conceptual issues such as accounting and auditing in multinational companies, foreign currency translation, international capital markets and financial statement analysis.

Peter Walton is professor of accounting at the University of Geneva and visiting professor at the University of Paris Dauphine. He is a fellow of the Association of Chartered Certified Accountants and worked for multinational companies before becoming an academic.