国际会计International.Accounting.Week3.ppt

International Accounting Chapter 2.5 Current evidence on harmonization Global level: (1)the number of stock exchanges accept IAS financial statements (exhibit 2-3) (2)the number of companies reporting under IFRS. (exhibit 2-4) Regional level: (1)EU(regional approach): adopt a number of directives dealing with accounting matters. (2) ASEAN (global paradigm) :unilaterally adopt the IAS INTERNATIONAL ACCOUNTING Nanjing University of Finance Economics Homework Visit the course work system of our Accounting department, and sign in the forum 3:8080 Website: Www.NUFE.Org International Accounting VIDEO DISCUSSION Video 01. IFRS Question: Benefits of IFRS? Video 02. Global Harmonization Questions: How important is accounting harmonization? Any hazards on implementation? International Accounting HOME WORK – Prepare for a Group Discussion Example: StoraEnso is a multinational Swedish company in the paper, packaging, and forest products industry. Along with its traditional annual report, the company publishes a sustainability report for shareholders and the public. visit and find the latest sustainability report. answer the following questions: International Accounting HOME WORK – Prepare for a Group Discussion What is disclosed in the sustainability report? Why do you think StoraEnso spends so much time and energy on disclosing that kind of information? Do you think disclosing that kind of information helps StoraEnso be more profitable? why? INTERNATIONAL ACCOUNTING Nanjing University of Finance Economics Dr. Zhenkun Wang. (汪振坤) School of Accounting Email: wangzhenkun@ Course Website: Www.NUFE.Org THANK YOU!! INTERNATIONAL ACCOUNTING Nanjing University of Finance Economics Dr. Zhenkun Wang. (汪振坤) School of Accounting Email: wangzhenkun@ Course Website: Www.NUFE.Org International Accounting Content of this Class (Week 3.) Chapter 2 HARMONIZING FINANCIAL REPORTING STANDARDS GLOBALLY Chapter 2.1 Rationale Chapter 2.2 Pressures Chapter 2