Author

Sarah Glymph

Publication Date

1-1-2002

Document Type

Dissertation/Thesis

First Advisor

Norton, Curt

Degree Name

B.S. (Bachelor of Science)

Department

Department of Accountancy

Abstract

German companies are having difficulties translating financial statements from German accounting standards to United States Generally Accepted Accounting Standards in order to trade stock on United States stock exchanges. The German accounting standards are compared with US GAAP in ten main areas of financial statement accounting. Microsoft financial statements in both US and German accounting standards are studied as an example of the differences between the two sets of accounting standards. Two areas of accounting are found to be of significant difference. Pension and depreciation expense would have to be adjusted to follow US GAAP before German companies could translate financial statements to US GAAP.

Extent

34 pages

Language

eng

Publisher

Northern Illinois University

Rights Statement

In Copyright

Rights Statement 2

NIU theses are protected by copyright. They may be viewed from Huskie Commons for any purpose, but reproduction or distribution in any format is prohibited without the written permission of the authors.

Media Type

Text

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