Journal of Undergraduate Research
Keywords
foreign companies, US stock markets, GAAP
College
Marriott School of Management
Department
Accountancy
Abstract
Business is simultaneously conducted in many lands—markets are no longer restricted by boundaries or time zones. Virtually every aspect of the corporate world is changing in response to the opportunities and challenges accompanying global expansion. Adaptation by corporations must occur or else obsolescence will result. The accounting and financial reporting profession is not immune to these globalizing currents of change. The resultant challenges are the impetus causing accounting-standard setters, namely the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB), to examine areas of convergence.
Recommended Citation
Wilde, Jaron H.; Black, Dr. Erv; and Johnson, Peter
(2013)
"The Value to Foreign Companies to List on US Stock Markets,"
Journal of Undergraduate Research: Vol. 2013:
Iss.
1, Article 2397.
Available at:
https://scholarsarchive.byu.edu/jur/vol2013/iss1/2397