What are relevant issues relating to advanced financial accounting?
What are relevant issues relating to advanced financial accounting?
Homework Answers
Advanced financial reporting is the next step after the completion of intermediate financial reporting, one should complete their intermediate financial reporting to be eligible for advanced financial reporting,
The major issues that relate to advanced financial reporting are as follows,
- Consolidation of public and multi national enterprises,
- Not for profit accounting,
- Conversion of foreign currency to the local currencies in case of multi nationals,
- Mergers on public holding companies.
Advanced financial reporting is a field of high demand.
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