比较国际会计考前复习资料简化版

第一章

1.The nature of MNEs跨国公司意义,在什么环境下出现

MNEs are those companies that produce a good or service in two or more countries. Their existence is due to the economic globalization.

2.Why should we learn comparative international accounting? 为什么要学习西方财务会计？

First，it reminds that the US and other Anglo-Saxon countries are not the only contributors to accounting.

Second, it demonstrates that the preparers, users and regulators of financial reports in different countries can learn from each others’ ideas and experien ces.

Third, it explains why the international harmonization of accounting is desirable but difficult to achieve.

问题二：MNEs 对会计国际化的影响

The rise of the MNE is one of the main factors responsible for the internationalization of the accountancy profession ,Accountancy firms have followed their clients around the world ,setting up new offices overseas and/or merging with overseas firms .The rise of the MNE contributes to

the growth of international auditing.（P17最后一段）

跨国公司的出现是会计职业界国际化的主要因素之一。随着会计师事务所的客户不断国际化，事务所本身也在走向世界，它们在海外建立新的办公室或者兼并海外公司。

第二章

Causes of international accounting differences引起国际会计不同的原因

Culture, legal systems, providers of finance, taxation, other external influences (adoption or convergence with IASB, inflation, theory), the profession

How culture influence international accounting? 文化如何影响国际会计？

Culture includes a set of societal values that drives institutional form and practice.

It will affect the value system or attitudes of the accountants.

How tax influence international accounting? 税收如何影响国际会计？

US and UK: tax and accounting treatments are different

France and Germany: tax accounts are the same as commercial accounts

How law influence international accounting? 法律如何影响国际会计？

Anglo-Saxon countries: common law

Continental Europe: Roman law

Companies in common law countries have higher levels of disclosures

How finance influence international accounting? 筹资如何影响国际会计？

Capital market systems (UK, USA): outsider shareholders, accounting is flexible, judgment fairness

Credit-based governmental systems (France ,Japan): accounting is precision, uniformity and stability精确、一致、稳定

Credit-based financial system (Germany): insider shareholders, accounting is careful, conservative 第三章：

2 P74

Some classificiations in accounting

Extrinsic: culture, economic,colonial, regulatory styles

Intrinsic: PWC data, own data, KPMG data

第四章

1.国际一体化的原因，有什么好处

Reasons for harmonization

1.Investors and financial analysts need to be able to understand the financial statements of

foreign companies whose shares they might wish to buy.

2.Other decision-making uses of management accounting information benefit from

harmonization. .

3.International accountancy firms support harmonization partly because it is good for their

large clients.

2.国际一体化的障碍，计量上问题

Obstacles to harmonization

1. The size of the present differences between the accounting practices of different countries.

2. The lack of an international regulatory agency

3. Nationalism

4. the effect of economic consequences on accounting standards

Reasons for EU harmonization欧盟一体化的原因

概括:1. The activities of companies extend beyond national frontiers and shareholders

and other stakeholders need protection throughout the EU.

2. since companies in different EU countries exist in the same form and are

in competition with each other, it is argued that they should be subject to the same

laws and taxation.

Obstacles to EU harmonization: 欧盟一体化障碍

Of particular importance here are the fundamental differences between the contexts and purposes of the various national accounting systems in the EU.

They include the differences between creditor/secrecy in the traditional Franco-German systems and investor/disclosure in the Anglo-Dutch systems.

And between law/tax-based rules and private sector standards.

第五章

问题一：哪些国家采用IFRS？未来趋势如何？

1．EU companies use IFRS

2．China has largely converged its rules for listed companies with IFRS.

3．For 2005 onward, all IASs and IFRSs have been turned into Australian standards.

Trend:

1. Janpan allows IFRS from 2009-10 and is proposing to require it from 2015 or 2016.

2. SEC announced proposals to aquire IFRS from 2014 statements and allow it for some registrants for 2009 statements onwards.

3. Trend of reconciliations from national rules to GAAP or IFRS.

译：欧盟公司包括德国法国英国的公司采用IFRS，瑞士，澳大利亚以及中国香港的公司亦是。

中国已经将绝大多数的上市公司纳入IFRS的范围

2005年起，所有的IAS和IFRS准则都成为澳大利亚的新标准。

趋势日本从2009-10开始使用IFRS作为财务报告准则，并且从2009年开始试行。国内标准逐渐向CAAP or IFRS融合。

2. principle base and rule base（含例子）

1、Principles-based accounting does not reply on as many regulations as rules-based accounting.

2、Rules-based accounting has much more details on many topics.

Example: the definition of a subsidiary:

US: ownership of more than half the voting shares

IFRS: power to govern the financial and operating policies

第六章

1.国际会计准则概念框架

P129 图表

2.主要项目的确认

Assets are recognized when it will probably entail future benefits and its cost can be measured reliably.

1. inventories should be valued at the lower of cost and net realizable value.

2. Leases are divided into finance leases（融资租赁）and operating leases（经营租赁）by transfer substantially all the risks and rewards or not.

3.financial instruments

Liabilities

1.provisions should be measured at the best estimate of the amount that would be required to settle the obligation at the balance sheet date（资产负债表日期）.

2. employee benefits

3. deferred tax(递延税收)

Revenue: 风险报酬全部转移，完工百分比法

第七章

问题1：同一个IFRS执行中造成不同的原因？

1. Different versions of IFRS

2. Different translations

3. Gaps in IFRS 未涉及领域

4. Overt options 明确的备选方案

FIFO or weighted average for the determination of the cost of inventories

5. Covert options 隐蔽的选项

Identification of a subsidiary on the basis of ‘power to control’

6.Measurement estimations 计量估计

Net realizable value of inventories

7. Transitional issues 过渡问题

8. Imperfect enforcement

第八章

1.GAAP的概念框架

The Conceptual Framework of GAAP‘

Objectives of financial reporting：Financial reporting is intended to provide information that is useful in making business economic decisions.

Qualitative characteristics of accounting information：Relevance and reliability

Elements of financial statements：Statement 6 defines ten elements of financial statements, the main ones being assets, liabilities, equity, revenues and expenses. The other definitions rest upon asset and liability

财务报告：财务报告旨在有助于经济决策的信息。

会计信息质量特征：最重要的是相关性和可靠性。

财务报表元素：第6号公告定义了财务报表的10个要素：最主要的是资产，负债，权益，收入和费用。其他要素的定义基于资产和负债。

2. :The hierarchy of GAAP（GAAP的分层）

a)Standards of the FASB and its two predecessors(前任).

b)FASB technical bulletins(公告) and AICPA statements of position if cleared by the FASB

c)Other AICPA bulletins cleared by the FASB, and EITF consensuses（一致）.

d)Other documents not cleared by the FASB, and prevalent （普遍流行的）industry practice.

e)Other literature, including the FASB’S concepts statements and IFRS.

第九章

1. GAAP与IFRS的不一样？

P204 9.2 3-5分小题目

P207 9.3

P212举例：

Provisions is liability

Reserves is shareholders’ equity

P224 在国际会计中，comprehensive income是指哪些？

1. revaluations of assets

2. fair value adjustments on available-for-sale financial assets

3. gains and losses on cash flow hedges（现金结算保值）

4. actuarial gains and losses

5. foreign currency gains and losses on translation of financial statements

第十章P233

1.各个国家重点考https://www.360docs.net/doc/739309735.html,. Australia

US: SEC, stock exchange regulator, can advance clearance\fines\de-listing

UK:FRRP, private sector, can’t advance cle arance\fines\de-listing

AU:ASIC, stock exchange regulator , can’t advance clearance\fines\de-listing

2.具体执行方面：

https://www.360docs.net/doc/739309735.html,

American accountants are more apt than European accountants to complied with a standard. In unite states , Non-US companies with a listing on a US stock exchange are required to file financial statements complying with US GAAP or that have a reconciliation .auditors are now supervised by the PCAOB.

https://www.360docs.net/doc/739309735.html,

Financial Reporting Review Panel (FRRP)（财务汇报检讨委员会）was established in 1990.

Between 1991 and 2003, the FRRP played an important role.

From 2005 listed companies compliance with IFRS.

The FRRP was given a wider remit (更广泛的职权范围)and greater powers .

3.Australia

the ASIC(the Australia Securities and Investments Commission) was created in 1998. One of its function is the monitoring and enforcement(监测与执法) of compliance with accounting standards. It is a proactive body, drawing on its own surveillance program. Its powers are publicity(宣传) and court referral(法院转介).

第十一章

1 Motivation for political lobbying.

Companies: the proposed initiative would stifle entrepreneurial（扼杀创业）

Very large companies: to make earnings look lager, smaller or less volatile挥发;

Bank: avoid instability in the banking system and avoid restrict the availability of credit; Government: lobbying can concern the desire to ensure that various economic incentives刺激have more accounting results

2. Political lobbying of the IASC/IASB

segment reporting: APB asked every listed company to disclosure the revenues and earnings of major segments. The multinational enterprises opposed to that. One of their aims was to avoid ‘tipping off’（通风报信）competitors that some of their product lines or geographical operations were especially profitable. In the end, the APB could no more than issue a non-binding statement.

governments compromised with standard setters

elimination of LIFO: the IASC board attempted to eliminate the LIFO as an acceptable treatment.

Some countries, like Germany, Italy, Japan and South Korea opposed that because their tax reporting and financial reporting were intertwined（纠缠）. The US voted in favor of elimination of LIFO. Finally, as part of its improvements project, eliminated LIFO in its revision of IAS2.

US: standard setters compromised with companies

Other countries: companies and governments compromised with standard setters