WEEK 116 QUESTION INTERNATIONAL

FOR QUESTION 1 AND 2

Required Resources

Text

Doupnik, T. S., & Perera, H. (2015). International accounting (4th ed.). New York, NY:McGraw-Hill Education.

• Chapter 10: Analysis of Foreign Financial Statements

• Chapter 11: International Taxation

• Chapter 12: International Transfer Pricing

1). Convenience Translation CLOs: 2,4,5,6. What is the purpose of a “convenience translation”? How are they used in financial analysis? What are some features of financial statements that a company might translate in a convenience translation?

Develop a 200 – 300 word response supporting your answers.

2). Transfer Pricing CLOs: 2,4,5,6. Describe in detail one possible transfer pricing tactic that a company may use to minimize costs. Do you think this tactic has merit in today’s economic environment?

Develop a 200 – 300 word explanation supporting your position.

FOR QUESTION 3 AND 4

Required Resource

Text

Doupnik, T. S., & Perera, H. (2015). International accounting (4th ed.). New York, NY:McGraw-Hill Education.

• Chapter 13: Strategic Accounting Issues in Multinational Corporations

• Chapter 14: Comparative International Auditing and Corporate Governance

3). Auditing Differences CLOs: 2, 4, 5, 6. Access the International Federation of Accountants Web site at: http://www.ifac.org/auditing-assurance/

In what ways do company audit reports vary in different countries? Select a country and discuss at least three ways that auditing is different than U.S. auditing standards.

Develop a 200 – 300 word explanation supporting your findings.

4). Foreign Acquisition Targets CLOs: 5,6. 1st Post Due by Day 3. Can a foreign acquisition target be assessed like any other asset? Provide your argument as to why or why not.

Develop a 200 – 300 word explanation supporting your position.