From the course: Accounting Foundations: Global Finance and Accounting
Staying on top of global and accounting issues
From the course: Accounting Foundations: Global Finance and Accounting
Staying on top of global and accounting issues
- Who sets the financial reporting rules used in China in Russia, in Brazil, and in the United States? And do companies in all of those countries use the same rules? - Why does McDonald's have long-term loans, denominated in U.S. dollars, euros, Australian dollars, British pounds, Canadian dollars, and Japanese yen? - What international income tax issue caused the European Union to find Apple 13 billion euros? And why hasn't Apple paid the fine yet? - Hi, I'm Jim Stice. I'm a professor of accounting at Brigham Young University. This is my brother, Kay. - I'm also a professor of accounting at Brigham Young University. - We live in an increasingly globalized interconnected economy. - Today, the value of international trade is about 60% of global gross domestic product. Basically, every country is making things and shipping them to every other country. - Join us as we explore global finance and accounting issues.
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