Summary and Conclusions

Jeno Beke

Chapter 9 in International Accounting Harmonization, 2013, pp 161-170 from Palgrave Macmillan

Abstract: Abstract In today’s business environment, companies need to take every opportunity they can to remain competitive. Global competition, rapid innovation, entrepreneurial competitors, and increasingly demanding customers have altered the nature of competition in the marketplace. This new competitive environment requires companies to be able to create value for their customers and to differentiate themselves from their competitors through the formulation of a clear business strategy. Business strategy must be supported by appropriate organizational factors such as an efficient manufacturing process, organizational design, and harmonized accounting information systems.

Keywords: Accounting Standard; International Financial Reporting Standard; Audit Firm; Universal Method; International Accounting Standard (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-37434-9_9

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DOI: 10.1057/9781137374349_9

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