Publisher's Synopsis
The new resource delivers critical new information on the vastly different accounting systems of 25 European countries. Widely disparate regulations, customs, and accounting practices throughout Europe present financial professionals with a unique economic challenge. To meet this challenge, the guide includes extensive historical background on legal and economic environments, an examination of the different accounting standards and self-regulatory agencies, and even presents sample financial statements. The guide also covers the changes that are taking place as a result of the European Union as well as the attempts to harmonize the accounting and reporting practices.
