Vive la Différence
13 September 2012
Financial reporting practices can differ considerably from country to country.
Accounting practitioners working in one country often take the form and content of the annual report for granted. The layout of the balance sheet and other statements are so familiar that many of us don’t give them a second thought. It is only when we get to see how our colleagues in other countries produce reports that we realise there is no such thing as a standard...