Chapter 10 - BACC7117: Fall 2011 Murtuza Chapter 10:...

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BACC7117: Fall 2011 Murtuza Chapter 10: Outline I. Reasons to analyze financial statements of foreign companies include: making foreign portfolio investment decisions, making foreign merger and acquisition decisions, making credit decisions about foreign customers, evaluating foreign suppliers, and benchmarking against foreign competitors. II. There are several problems an analyst might encounter in analyzing foreign financial statements, including: finding and obtaining financial information about a foreign company, understanding the language in which the financial statements are presented, the currency used in presenting monetary amounts, terminology differences that result in uncertainty as to the information provided, differences in format that lead to confusion and missing information, lack of adequate disclosures, financial statements are not made available on a timely basis, accounting differences that hinder cross-country comparisons, and
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This note was uploaded on 03/21/2012 for the course BACC 102 taught by Professor A during the Spring '11 term at Andhra University.

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Chapter 10 - BACC7117: Fall 2011 Murtuza Chapter 10:...

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