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University of Bridgeport
Financial Reporting by United States Based Firms of Foreign Subsidiary Operations
Abstract
In this thesis we attempt to point out existing weaknesses in financial reporting practices of U.s. firms operating with foreign subsidiaries, and recommend alternative practices within the following framework: a) Consolidation principles, b) Translation of foreign accounts, c) Devaluation, and d) Reporting foreign exchange gains and losses. The solution to these problems will be found when currently accepted accounting practices are updated in the light of recent developments in international business practice.
Author and committee
dc:creator, dc:contributor.*- Author
-
- Ahlstrand, Robert V.
Subjects
dc:subject × 5Identifiers
dc:identifier.*- Identifier
- hdl:20.500.14548/1732
- OAI identifier oai:identifier
- oai:scholarworks.bridgeport.edu:20.500.14548/1732