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Chapter 7. MANAGERIAL ISSUES IN INTERNATIONAL ACCOUNTING. Learning Objectives:. Examine budgeting and performance evaluation issues for international firms. Learning Objectives:.
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Chapter 7 MANAGERIAL ISSUES IN INTERNATIONAL ACCOUNTING
Learning Objectives: • Examine budgeting and performance evaluation issues for international firms.
Learning Objectives: • Discuss global risk management tools and strategies including multinational capital budgeting and foreign exchange risk management.
Learning Objectives: • Identify the main constituents of cross-border transfer pricing policies, define the transfer pricing methods, and consider the issues in devising a transfer pricing strategy.
Learning Objectives: • Recognize the critical role of information technology systems in the effective recording, processing and dissemination of financial and managerial accounting information.
Chapter Outline: • Budgeting and Performance Evaluation • Using Appropriate Performance Measures • Using Appropriate Currencies
Budgeting and Performance Evaluation • Transfer Pricing Policies • Other Considerations
Budgeting and Performance Evaluation • Distinguishing Between Manager Performance and Subsidiary Performance • Some Comparative Evidence on Budgets and Performance Evaluation Systems
Global Risk Management • Multinational Capital Budgeting • Managing Foreign Exchange Risk
Transfer Pricing • Major Constituents Affected by Transfer Pricing Choices • Transfer Pricing Methods
Transfer Pricing • Advance Pricing Agreements • Research Evidence on Determinants of International Transfer Pricing Methods
Information Technology • Complexities Involving IT Systems for MNCs • Global IT Challenges and Strategies