National Tax Journal

Through a Glass Darkly: What Can We Learn about a U.s. Multinational Corporation’s International Operations from Its Financial Statement Disclosures?

Michael P. Donohoe, Gary A. McGill, and Edmund Outslay

65 National Tax Journal 961-84 (December 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.

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