Exercise questions

How does increasing complexity of international business influence international accounting?

How does tax laws influence international standard?

What are the difficulties in international accounting?

What are the domains of international accounting?

What are the $2$ main accounting standards used internationally?

Identify and discuss the international accounting standards issued by WHO?

What are five $5$ factors that may help to explain the differences in international accounting practices?

Discuss the major international differences in financial reporting.

The conduct of financial reporting is guided by the basic accounting postulates globally. Identify and explain $4$ with a practical examples.

What year IFRS $($International Financial Reporting Standards$)$ was formed in$?$

$11.$In what year Nigeria has adopted IFRS $($International Financial Reporting Standards$)?$