Accounting: An International
Perspective, 5e was written for two primary markets; upper level accounting and MBA
Accounting. The Gernon-Meek text could be used in an advanced accounting course where the
international coverage in the main text is either weak or out of date; in a topics seminar
where international accounting is being covered in 3 or 4 weeks; and in an international
accounting course where the focus is on cases and the instructor wants a brief text to be
used as a reference. At the MBA level Gernon-Meek will fit nicely into an eight-week
international accounting course or any MBA course where the professor wants more current
international coverage.
This paper bound text is designed to supplement upper level and MBA accounting texts with
additional mini-cases and readings covering international accounting concepts. The book
provides a general, non-technical overview of international accounting and covers both
financial and managerial accounting topics. Recognizing that this is a supplemental text,
the authors have re-organized the fifth edition by decreasing the length from 12 chapters
to 10 chapters.
Higher level cases - Through reviews, instructors have requested more sophisticated and
challenging chapter cases to help students understand concepts and better apply their
knowledge. New Coverage of Accounting Diversity (ch. 2 & 3) New Coverage of
International Capital Markets (ch. 2 & 3) Streamlined coverage - The new
organization will consist of 10 chapters rather than 12. In an effort to control the
length of this supplemental text, coverage of Information Systems will be deleted, as will
chapter 12 covering "Emerging Issues". The coverage of organizations has been moved to
chapter 8, and topics dealing with emerging issues will now be integrated in those
chapters deemed appropriate. Modular chapter coverage allows for maximum instructor
flexibility. Each chapter includes study questions, which are also useful for class
discussion. Mini-cases in each chapter integrate and embellish upon material presented
within the text. Additional readings provide a source for additional research or more
in-depth understanding of a particular topic. Real world examples, and mini cases from
Pacific Rim and Eastern European countries.
Table of Contents
Accounting: An International Perspective
CHAPTER 1: An International Perspective on Financial Accounting
CHAPTER 2: Diversity in Financial Accounting Practices
CHAPTER 3: Harmonization of Financial Accounting Diversity
CHAPTER 4: Financial Reporting in the International Environment
CHAPTER 5: Disclosure Practices around the World
CHAPTER 6: Multinational Consolidations and Foreign Currency Translation
CHAPTER 7: International Financial Statement Analysis
CHAPTER 8: Information Systems for Multinational Planning and Control
CHAPTER 9: Performance Evaluation in Multinational Corporations
CHAPTER 10: International Taxation and Multinational Transfer Pricing
190 pages