Part one of term paper
Internationalization of Accounting Standards for Consolidation - Japan: A Case The purpose of this paper will be to examine problems with internationalization of accounting standards for consolidations on methods from an international perspective - specifically, in the US and Japan. This is an especially timely topic as standardization of f ...

Part two of term paper
... capital markets in which they operate or for other national purposes, they incur a considerable cost penalty and feel that money is wasted. This significantly limits global opportunities for multinational businesses. Thus, it is important to understand what the differences are between accounting standards, why they exist, and what problems they pose. It is worth noting that no one nation has a set of accounting rules which appears to have such clear merits that they deserve adoption by the ...