ABSTRACT

This chapter illustrates how to use several international financial databases in teaching international accounting courses, and points out the advantages of such use. The international financial databases includes: include corporations from Europe, Asia, Latin America, US corporations, and UK corporations. Professors teaching international accounting for the first time, as well as those revising their courses, have to make decisions about such concerns as topics to be covered, time to be allocated to each topic, grouping of topics into meaningful sections. Topics related to management of the operations of multinational enterprises such as financing and investing, financial risk management, performance evaluation, and transfer pricing. The author groups the above topics into two sections: a section entitled "financial reporting issues encountered by multinational enterprises", and a section entitled "the internal problems and issues facing multinational enterprises in planning, controlling, and evaluating their operations". The author adds to a third section entitled "comparative studies of accounting standards and practices in selected countries".