Dictionary

Ankie Hoogvelt and Anthony G. Puxty

A chapter in Multinational Enterprise, 1987, pp 1-241 from Palgrave Macmillan

Abstract: Abstract accounting principles. The basic rules that govern the way in which events affecting an enterprise are converted into the numbers in the financial statements. Although most countries are agreed on the basic conventions, such as conservatism in asset valuation and adherence to historical rather than current cost for those assets, the application of the basic ideas varies considerably in different countries: (a) in the extent to which they are explicitly formulated in company law, commercial practice or comercial codes; (b) in the extent to which they are uniform within the country itself; (c) in the extent to which they are helpful in aiding the reader of the financial statements to obtain a good picture of the status of the enterprise.

Keywords: Foreign Direct Investment; Transfer Price; Capital Asset Price Model; Financial Account Standard Board; Special Draw Right (search for similar items in EconPapers)
Date: 1987
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-18531-3_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349185313

DOI: 10.1007/978-1-349-18531-3_1

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().