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Teaching International Finance–An Accountant's Perspective

Published online by Cambridge University Press:  19 October 2009

Extract

International finance has developed into a recognized field of study within the broader discipline of international business. This has occurred because increasing commitments of companies to international operations have forced more and more financial managers to face a number of problems and issues not found in a strictly domestic setting. Foreign currency exchange risks, exchange controls, restrictions on the flow of funds, diverse accounting and taxation systems, host government interference, and the effects of worldwide inflation on enterprise assets, earnings, and capital costs are just a sample of the variables calling for specialized knowledge.

Type
Proceedings of 1977 Western Finance Association Meeting: Selected Conference Papers
Copyright
Copyright © School of Business Administration, University of Washington 1977

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References

1 Solomon, Ezra, “Recent Trends and Developments in Academic and Professional Thinking on the Subject of Financial Management,” AACSB Bulletin (October 1965), p. 8.Google Scholar

2 Daniels, John D. and Radebaugh, Lee H., International Business Curriculum Survey (Academy of International Business, 1974).Google Scholar

3 Ibid., pp. 554–66.

4 This is especially appropriate in collegiate programs which do not yet offer separate courses in International Accounting.

5 For further examples, see Choi, Frederick D. S. and Mueller, Gerhard G., An Introduction to Multinational Accounting (Englewood Cliffs, N.J.: Prentice-Hall, Inc., forthcoming January 1978).Google Scholar