Inconsistencies in accounting in different countries are a major obstacle to global equity investments. Adoption of an accounting standard (IAS) was received with great excitement, where the apples to apples comparison between countries will become easier. However, the adoption of global accounting standards does not necessarily mean that the financial statements in all countries will be standardized. Taking a cue from the Holt, the private sector, which offers standardized data for the global investment portfolio, the case considering I) adjustment process Holt differences in local accounting standards and II), as the adoption of IFRS may change global assessment framework Holt. The case offers an interesting option if you want to learn how to harmonize accounting standards could affect the global assessment of equity. "Hide
by Gwen Yu Source: HBS Premier Case Collection 21 pages. Publication Date: March 3, 2011. Prod. #: 111114-PDF-ENG
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