01395nam a22001337a 4500008004100000020001500041050001500056100002100071245011200092260008500204300001800289505093800307650001601245120907t        xxu||||| |||| 00| 0 eng d  a0844732257  aHF5657.B79  aBurns, Joseph M.  aAccounting standards and international finance with special reference to multinationals. /cJoseph M. Burns  aWashington DC:bAmerican Enterprise Institute for Public Policy Reseach,cc1976.  a59 p.:c23cm.  aContents: Introduction -- The New accounting standards for multinationals: Factors prompting the new standards -- The FASB's most controversial decisions -- The Rationale for the translation method adopted -- Economic analysis of accounting standards: Discrepancy between accounting data and economic values-nature and significance -- Discrepancy between accounting data and economic values-the new standards -- Adjustment costs induced by discrepancy between accounting data and economic values -- Economic effects of new accounting standards -- International finance and the new accounting standards: Cost of exposure and cost of hedging -- Hedging under fixed and floating rates -- Uncertainty(initial and residual) under fixed and floating rate systems -- Implications of new accounting standards for multinationals -- Implications for government policy -- Concluding observations -- Appendix: Suggestions for empirical research.  bAccounting.