個案資料

Pick a Number: Internationalizing U.S. Accounting is a six-chapter book published by Business Expert Press in 2014 and written by Roger Hussey, former Dean of the Odette School of Business at the University of Windsor, and Audra Ong, Associate Professor of Accounting at the Odette School of Business at the University of Windsor. In this book, the authors explain how accounting rules can impact a business's financial statements and why the lack of global regulations can pose problems for business. They review how standards are set, the progress and obstacles in establishing international standards, and the differences in US accounting versus international. They explain how the Unites States has been involved in the international process and provide insight on the overall US strategy towards international accounting standards. Chapter 4, Successes and Failures (22 pages), describes the last decade of progress towards international accounting standards. It analyzes examples of successful changes made to standards, such as politics, legislation, and technical accounting considerations. The authors review the Sarbannes-Oxley (SOX) Act of 2002, FASB statements on Share-Based Payments, inventory closure calculations, and intangible assets and goodwill. They review the differences that remain regarding share-based payments, inventory, and goodwill. They end the chapter by looking at three studies that compare United States GAAP and International Financial Reporting Standards (IFRS).

• Accounting standards
• Financial statements
• Business law