ACC 680 Final Project Final Project Submission International Accounti SNHU

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Product Description
There seems to be a general misconception that accountants working in many organizations — such as a local CPA firm or an organization that is not publicly traded — will not be impacted by the concerns of international accounting . Globalization , however , continues to shrink the global market into a seemingly smaller playing field , making connections from businesses of any size and location to other businesses even more likely and more crucial . Companies that may not have felt the impact of globalization and these accounting concerns in the past are likely to be feeling them now . This course will approach international accounting concepts and dilemmas critically , examining the differences and impact of conducting business globally
The purpose of the final project in this course is to foster this critical thinking in regard to key concepts in international accounting . The project will explore the impact of diversity in accounting practices , the differences and impact of generally accepted accounting principles ( GAAP ) and International Financial Reporting Standards ( IFRS ), and how international rules and regulations influence business practices
In this assignment , you will demonstrate your mastery of the following course outcomes :
Evaluate diversity in accounting practices for their impact on the effectiveness of financial accounting and reporting in a global economy