between German accounting standard and US-GAAP.
They had to prepare dual F/S.
∙ German government allowed its national companies to use IFRS and US-GAAP
to solve these problems.
∙ Germany stated that they needed a single integrated accounting standard for
transparent and comparable financial reporting. As a result, they adopted IFRS.
a common accounting system
that is perceived as stable, transparent, and fair to investors across the world,
whether local or foreign.
●Risk Evaluation : IFRS will eliminate barriers to cross-border listings and will
be beneficial for investors who generally ascribe a risk premium if the
underlying financial information is not prepared in accordance with
international standards.
Ⅰ.What is the IMF?
The International Monetary Fund was created in 1945 to help promote the health of the world economy. Headquartered in Washington DC, it is governed by and accountable to the governments of the 185 countries that make up its near-global membership.
Korea joined IMF in 1955.
1.What is the International Monetary Fund?
The International Monetary Fund—also known as
Hyundai H&S is running B2B, B2E on-line shopping malls and off-line business supplying corporate/organization gift, promotion item, tourism, and leisure business aiming of the creation of customer value. After more than 30 years of business activity, now we’ve grown into a market leader in B2B, B2E, and tourism business
Ⅰ. Summary
1. Introduction of Virgin Group
- Virgin Group is a British international group and one of the world’s most respected brands. This group founded in 1970 by Richard Branson. This group consists of more than 200 companies around the world. Maybe, in 2012, it consists of more than 400 companies. These group core successful businesses are travel, leisure, music, entertainment