Fundamental Issues in Financial Reporting, Finance and Taxation for Multinational Companies
Providing appropriate training is critical in small and large organizations. Multinational corporations are faced with many issues related to financial reporting, finance and taxation. A refresher course on these topics would benefit any multinational corporation especially if they have recently expanded into new markets. The following is a summary of topics that could be discussed in such a course: Foreign Currency Transactions - Accounting issues and alternatives – foreign exchange gains and losses and application of the deferral approach and the accrual approach - Determining the fair Value of derivatives and reflecting the changes in FV on the statements - Forward contracts and hedging specifically hedges of foreign-currency-denominated assets and liabilities. - ...