Question #1 – What is the ‘expectations gap’? Is there even anything the accounting profession can do to close this ‘Expectations Gap’?
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Question #1 – What is the ‘expectations gap’? Is there even anything the accounting profession can do to close this ‘Expectations Gap’?
Question #2 – To converge or not to converge, that is the question. The adoption of IFRS by U.S. companies would it easier to compare U.S. and foreign companies, as well as for U.S. companies to raise capital in foreign markets.
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Solved in 4 steps
- 1. Supposed a company plans to expand its business abroad, what are the risks it might encounter? 2. What are the needed policy interventions that must be imposed upon doing business internationally?1. What impact would harmonization of national accounting standards have on international businesses? 2. Are U.S. firms at a competitive disadvantage because they cannot use accounting reserves as German firms do?Does the present economic scenario offers ‘Restructuring Opportunities’? If yes, what the Investment Bankers should remain prepared for: a. List of digital companies b. List of distressed companies c. List of foreign funding firms d. List of cash rich companies MCQ
- QUESTION B Which of the following is NOT a factor direct investors look at when judging whether they will be able to operate in a foreign country? CA Trade policy and privatization policy. OB CC The functioning and efficiency of local markets. The quality of domestic accountability systems. Standards of treatment of foreign affiliates. OD.“The growth of international banking has been driven by a desire for increased access to capital, diversification of risk, and the expansion of financial services to a global market, but it has also led to increased risks and regulatory challenges.” State True or False and justify your answer as a short essay answer.A key issue facing financial executives of multinational firms is exposure to exchange rate changes.a. Define exposure, differentiating between accounting and economic exposure. What role does inflation play?b. Describe at least three circumstances under which economic exposure is likely to exist? c. Of what relevance are the international Fisher effect and purchasing power parity to your answers to parts a and b? d. What is exchange risk, as distinct from exposure
- Question 1 (ILOs: A1, A2, B1, C1, C2, D1, D4) a. Some countries do not have well-established market for debt securities or equity securities. Why do you think this can limit the development of the country, business expansion, and growth in national income in these countries? b. When economic crises in countries are due to a weak economy, local interest rates tend to be very low. However, if the crisis is caused by an unusually high rate of inflation, the interest rate tends to be very high. Explain why?The following contemporary factors are contributing to the internationalization of the subject of accounting, except The growth and spread of multinational .a O operations around the world The decreasing number of cross-border .b O mergers and acquisitions The internationalization of the world's .c O .capital markets The phenomenon of global competition .d OQuestion 3 a) Explain what is meant by earnings management. b) Why is corporate governance important for evaluating corporate earnings management? c) What assumptions about market efficiency are typically adopted in capital markets research? What do we mean by market efficiency?