International Accounting

International Accounting

In this era of rapid globalization with technological advances, capital market activity was required for the equivalent of giving the ability to produce information. Accounting is a look at the play in order to produce information, which is useful for both internal and external parties. The purpose of accounting is to provide information that can be used by decision makers to make economic decisions. Accounting provides all the activities of the company to facilitate the centralization of the allocation of financial resources by the user. If that information can relay to the limited resources can be allocated optimally and efficiently. International Accounting has a very complex, in which the scope of reporting is a multinational corporation with operations and cross-border transactions with the reporting obligations for reporting users in other countries.

Thanking the General Accepted Accounting Principles (GAAP) provides guidance on accounting, believe:

    Measurement

Measurement or assessment is the determination of the amount of dollars as the unit of measurement of an object involved in a financial transaction.

    Recognition

Recognition is an amount of dollars into the accounting system so that the amount will affect an item and reflected in the financial statements.

    Presentation

Disclosure means the disclosure of the things that is considered important informative and useful to the user other than what can be expressed through the major financial statements and the means of delivery.

    Auditing

Auditing is to discuss the principles, procedures and techniques of auditing financial statements to give an opinion on the fairness of presentation of financial statements.

The reasons that affect companies doing business internationally are:

    Expanding the marketing or sales

This occurs because mungkinsaja a company has excess production capacity and no more opportunities to market and sell products in the state where the company is located.

    Gaining access to raw materials and other production factors

Companies engaged in mining and agriculture should seek country where natural resources or climate allowed the company to run its activities.

    Gaining access to knowledge, especially technology

Wireless technology is necessary because with mastering this technology will increase the company's competitiveness in the global market competition.

Some of the ways that can be taken by the company in conducting international business are:

    Exports and imports
    Contract Management
    Usage license
    investment

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