Download This PaperThrough a Glass Darkly: What Can We Learn About a U.S. Multinational Corporation's International Operations from Its Financial Statement Disclosures?
37 Pages Posted: 13 Oct 2012 Last revised: 20 Jan 2013
Date Written: October 12, 2012
Abstract
We discuss the accounting rules that apply to reporting a U.S. company’s international operations. We use examples to illustrate diversity in accounting and offer caveats for policy makers, standard setters, analysts, and researchers regarding their interpretation and use of financial accounting information.
Keywords: corporate tax, international tax, tax avoidance, book-tax differences, accounting for income taxes
JEL Classification: H25, H26, M41, M48
Suggested Citation: Suggested Citation
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