Multinational Corporations and Financial Accounting FrameworkPatrick Chau
With the growing internationalization of economic trade and the globalization of businesses and financial markets, financial information prepared according to a national accounting system may no longer satisfy the needs of users whose decisions are more and more international in scope. Multinational companies who were the most affected have been in the forefront in pressuring the International Accounting Standards Board (IASB) as well as the national standard setter to produce a core set of international accounting standards.
In this presentation slide, we would like to discuss:
(a) Define the Multinational Company.
(b) What are the advantages and disadvantages of multinational companies?
(c) Explain how multinational companies benefits from the convergence/ harmonization of accounting standards.
(d) Explain any 5 efforts taken by the Malaysian Accounting Standards Board (MASB) to align the two sets of standards.
(e) Discuss the impacts that occur on the financial reporting of companies in Malaysia arising from the new Financial Reporting Standard.
This is the subtopic of Professional Ethics and defines MNC, Classified MNC, History and Evolution, Structure, SWOT Analysis, Reason, MNCs In India and other.
International Business - How MNC keep local company at bay...Hurriya Saeed rana
What is MNC & MNE?
Definition & History
Characteristics of MNC
Reasons for becoming MNC
Advantages of MNC
Disadvantages of MNC for Home Country
How local companies keep MNC at bay?
i'm not the exact author for this PPT ,but i can clime i'm added something more information on this. i hope this PPT will help you to acquire knowledge about MNC and its role in India in a simplest way.
Multinational Corporations and Financial Accounting FrameworkPatrick Chau
With the growing internationalization of economic trade and the globalization of businesses and financial markets, financial information prepared according to a national accounting system may no longer satisfy the needs of users whose decisions are more and more international in scope. Multinational companies who were the most affected have been in the forefront in pressuring the International Accounting Standards Board (IASB) as well as the national standard setter to produce a core set of international accounting standards.
In this presentation slide, we would like to discuss:
(a) Define the Multinational Company.
(b) What are the advantages and disadvantages of multinational companies?
(c) Explain how multinational companies benefits from the convergence/ harmonization of accounting standards.
(d) Explain any 5 efforts taken by the Malaysian Accounting Standards Board (MASB) to align the two sets of standards.
(e) Discuss the impacts that occur on the financial reporting of companies in Malaysia arising from the new Financial Reporting Standard.
This is the subtopic of Professional Ethics and defines MNC, Classified MNC, History and Evolution, Structure, SWOT Analysis, Reason, MNCs In India and other.
International Business - How MNC keep local company at bay...Hurriya Saeed rana
What is MNC & MNE?
Definition & History
Characteristics of MNC
Reasons for becoming MNC
Advantages of MNC
Disadvantages of MNC for Home Country
How local companies keep MNC at bay?
i'm not the exact author for this PPT ,but i can clime i'm added something more information on this. i hope this PPT will help you to acquire knowledge about MNC and its role in India in a simplest way.
new industrial policy 1991 is about the changes made in the policy in 1991. this policy is devided into two parts 1 is announced on 24 july 1991 which is concernd with the large scale industres including the middle scale and the second part is announced on 6 august 1991 and concerned with small scale sector............
Creating Value For Your Investments - Monarch Networth Capital LimitedMnclGroup
Monarch Networth Capital Limited (MNCL) is one of the leading financial services companies in India. With over 25 years of experience in capital markets, MNCL’s clear focus is to create value for its stakeholders For more info visit https://www.mnclgroup.com
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
The Indian economy is classified into different sectors to simplify the analysis and understanding of economic activities. For Class 10, it's essential to grasp the sectors of the Indian economy, understand their characteristics, and recognize their importance. This guide will provide detailed notes on the Sectors of the Indian Economy Class 10, using specific long-tail keywords to enhance comprehension.
For more information, visit-www.vavaclasses.com
Ethnobotany and Ethnopharmacology:
Ethnobotany in herbal drug evaluation,
Impact of Ethnobotany in traditional medicine,
New development in herbals,
Bio-prospecting tools for drug discovery,
Role of Ethnopharmacology in drug evaluation,
Reverse Pharmacology.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
Andreas Schleicher presents at the OECD webinar ‘Digital devices in schools: detrimental distraction or secret to success?’ on 27 May 2024. The presentation was based on findings from PISA 2022 results and the webinar helped launch the PISA in Focus ‘Managing screen time: How to protect and equip students against distraction’ https://www.oecd-ilibrary.org/education/managing-screen-time_7c225af4-en and the OECD Education Policy Perspective ‘Students, digital devices and success’ can be found here - https://oe.cd/il/5yV
2. CONTENT
MNC
HISTORY OF MNC
FEATURES OF MNC
MNC’s IN INDIA
IMPACT ON INDIA
SWOT ANALYSIS
MERITS AND DEMERITS
ROLES OF MNC
CONCLSION
3. MNC
An enterprise operating in several countries but managed
from one (home) country.
4. HISTORY OF MNC
First MNC in world First MNC in India Indian
MNC
5. FEATURES OF MNC
Big size
Huge intellectual capital
Operates in many countries
Large number of customer
Large number of competitors
Structured way of decision making
6. MNC’s IN INDIA
Huge market potential of the country
FDI attractiveness
Labor competitiveness
Macro-economic stability
One billion plus population
7. IMPACT ON INDIA
Large amount of tax collections through MNC’s
Increased revenue
Economic health improved
Employment increased
Foreign relation increased
9. MERITS AND DEMERITS
MERITS
Increase in investment level
Transferring the technology
It increase host company export than import
Integrating national economy
Implementing new innovations
10. MERITS AND DEMERITS CONT…
DEMIRITS
May acquire monopoly power
Underestimate local culture
Think about profit rather than the host country interest
Inflexibility in terms and conditions
Heavy use of non-renewable natural resources
11. ROLES OF MNC IN INDIA
Profit maximization
International network of marketing
Diversification policy
Concentration in consumer goods
MNC’s & Process of planned economic development in india
Cultural explosion
12. CONCLUSION
Competition increased and more employment opportunity are available
Gives advantages to domestic companies by purchasing of raw materials
New company having network to expand their business
