accounting in multinational corporation
CHAPTRE ONE: ACCOUNTING THEORY
Need for accounting ( as an introduction)
1-1Book keeping and accounting.
Meaning and definition of book keeping
Definition of accounting
Differences between book keeping and accounting
1-2 accounting concepts and conventions and basis Accounting concepts
Accounting conventions
Basis of accounting
1-3the role of accountant in society and its relation ship with other disciplines relationship of accounting with other disciplines role of accountant in society conclusion CHAPTRE TWO: MULTINATIONAL CORPORATIONS
Introduction
1-1what is multinational corporation definition M.C history M.C
M.C options
1-2 Definitionale Problems
Firm, Entreprise, Company, or Corporation
Transnational, Multinational, or Global
1-3 Current size, Nationality, and Sectors
Size
Nationality and Transnationality
Industrial Sector Concentration
CHAPITRE ONE: ACCOUNTING THEORY
Business is one of the sources of earning income. Whenever a business is started, it requires investment of certain amount which is called as capital. With this amount of capital the businessman deal either with trading business or manufacturing business. In a trading business, he will buy goods at a lesser price and sells the same to others at a higher price. In case of manufacturing business, he has to buy raw materials and incur other expenses in the form of wages and salaries, rent, power, insurance, taw, transport, postal and telephone expenses and so on, in the course of production and distribution of goods. In a small sized business the transactions are simple and less in number. But in large sized business the transactions are numerous. These business transactions enable the business to know the result of his business which can be profit or loss for a given period of time. In order to know the result of his business, a businessman has to remember all the transaction of his business. However, owing to lack of memory it
Need for accounting ( as an introduction)
1-1Book keeping and accounting.
Meaning and definition of book keeping
Definition of accounting
Differences between book keeping and accounting
1-2 accounting concepts and conventions and basis Accounting concepts
Accounting conventions
Basis of accounting
1-3the role of accountant in society and its relation ship with other disciplines relationship of accounting with other disciplines role of accountant in society conclusion CHAPTRE TWO: MULTINATIONAL CORPORATIONS
Introduction
1-1what is multinational corporation definition M.C history M.C
M.C options
1-2 Definitionale Problems
Firm, Entreprise, Company, or Corporation
Transnational, Multinational, or Global
1-3 Current size, Nationality, and Sectors
Size
Nationality and Transnationality
Industrial Sector Concentration
CHAPITRE ONE: ACCOUNTING THEORY
Business is one of the sources of earning income. Whenever a business is started, it requires investment of certain amount which is called as capital. With this amount of capital the businessman deal either with trading business or manufacturing business. In a trading business, he will buy goods at a lesser price and sells the same to others at a higher price. In case of manufacturing business, he has to buy raw materials and incur other expenses in the form of wages and salaries, rent, power, insurance, taw, transport, postal and telephone expenses and so on, in the course of production and distribution of goods. In a small sized business the transactions are simple and less in number. But in large sized business the transactions are numerous. These business transactions enable the business to know the result of his business which can be profit or loss for a given period of time. In order to know the result of his business, a businessman has to remember all the transaction of his business. However, owing to lack of memory it