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Essay / Research Paper Abstract
This 8 page paper considers the changes in the current business environment which effects accounting information systems, the new approaches to management and their impact on information needs as well as the merits of the changes. The bibliography cites 7 sources.
Page Count:
8 pages (~225 words per page)
File: TS14_TEglobac.rtf
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Unformatted sample text from the term paper:
from all around the world. However, it is not just the consumer that will seen impact on their lifestyle, commercial enterprise and organisations will also feel the impact. In the
case of businesses such as manufacturing this will be emphasised due to the greater degree of competition as well as the ability to be able to source inputs form different
areas. For the accountant and the manager that deal with the costs this is an important issues. When it comes to accounting we can see that there are different
practices and standards that exist in many different countries. The different standards that exist in many countries may be seen as causing confusion. The accounting guidelines in a single country
will give some degree of flexibility so that a set of accounts may be based on different practices. Therefore, even within that same country it can be difficult to
judge accounts on a like for like , but it is possible to understand the realm within which the results will fall. When we look to the way in which
the global economy is developing we can see that there is a very strong case for the use of international standards, but these are yet completely accepted.
It is only if there are international standards that international stakeholders may be able to see accounts and to compare them. However, more importantly,
we can argue that it is only with these types of standards that we may even be reliant or have a relatively high degree of confidence on the accuracy and
truthfulness of the accounts. Therefore when it comes to drawing up accounts, manages may need to be aware of these differences, as well as when it comes to considering the
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