FINANCIAL REPORTING IN EMERGING CAPITAL MARKETS

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Presentation transcript:

FINANCIAL REPORTING IN EMERGING CAPITAL MARKETS Chapter 6 FINANCIAL REPORTING IN EMERGING CAPITAL MARKETS

Learning Objectives: Obtain an overview of the importance of emerging capital markets to developing countries. Recognize qualitative criteria for evaluating financial reporting in emerging capital markets.

Learning Objectives: Consider important policy issues related to enhancing financial reporting capability in emerging capital markets.

Chapter Outline: The Nature and Importance of Emerging Capital Markets The Role of Financial Reporting in Emerging Capital Markets

Characteristics of Financial Reporting in Emerging Capital Markets Availability Reliability Comparability

Financial Reporting Policy Issues in Emerging Capital Markets Information Availability Strengthening Enforcement Capability

Financial Reporting Policy Issues in Emerging Capital Markets Harmonization of Accounting Standards Caveats Based on Recent Developments

Accounting in Selected Emerging Capital Markets Mexico People’s Republic of China