Why is it important to study International Accounting?

<p>First and foremost, companies, nowadays, conduct business across borders; as such, there is a <strong>need for accounting standards </strong>that would enhance comparability and uniformity in presenting financial information.<br>International Accounting helps businesses <strong>keep pace with the diverse regulatory environment and fosters increased transparency in financial reporting.</strong><br>In addition, International Accounting deals with a range of issues that give a number of problems during foreign currency transactions, transfer pricing, and international taxation, guaranteeing appropriate financing arrangements and accurate decision-making at an international level.</p>

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