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Disclosure and choice of accounting policies: the case of cross-border mergers

Aisbitt, Sally (2003). Disclosure and choice of accounting policies: the case of cross-border mergers. Accounting Forum, 27(1) pp. 4–27.

URL: http://onlinelibrary.wiley.com/doi/10.1111/1467-63...
DOI (Digital Object Identifier) Link: http://dx.doi.org/10.1111/1467-6303.00094
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Abstract

The globalisation process has seen an increase in the number of cross–border mergers of companies. Understanding of these companies' financial statements will depend on a grasp of the accounting policies used. A case study approach has been adopted examining financial statements produced before and after the mergers of three trans–national mergers. The results highlight the limitations of the information disclosed in accounting policy notes in terms of satisfying Barth and Murphy's (1994) purposes of disclosure: to provide information allowing comparison. The findings have relevance both in the context of mergers and in changes of accounting convention (e.g. to IASs).

Item Type: Journal Article
Copyright Holders: 2003 Blackwell Publishing Ltd.
ISSN: 1467-6303
Keywords: accounting; consolidation; mergers; corporations; globalization; financial statements; international business enterprises
Academic Unit/Department: Open University Business School
Item ID: 1598
Depositing User: Users 12 not found.
Date Deposited: 02 Jun 2006
Last Modified: 12 Feb 2014 15:32
URI: http://oro.open.ac.uk/id/eprint/1598
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