1. MANAGERIAL ISSUES IN INTERNATIONAL ACCOUNTING
Chapter 7
MANAGERIAL ISSUES IN INTERNATIONAL ACCOUNTING

2. Learning Objectives:
Examine budgeting and performance evaluation issues for international firms.

3. Learning Objectives:
Discuss global risk management tools and strategies including multinational capital budgeting and foreign exchange risk management.

4. Learning Objectives:
Identify the main constituents of cross-border transfer pricing policies, define the transfer pricing methods, and consider the issues in devising a transfer pricing strategy.

5. Learning Objectives:
Recognize the critical role of information technology systems in the effective recording, processing and dissemination of financial and managerial accounting information.

6. Chapter Outline: Budgeting and Performance Evaluation
Using Appropriate Performance Measures
Using Appropriate Currencies

7. Budgeting and Performance Evaluation
Transfer Pricing Policies
Other Considerations

8. Budgeting and Performance Evaluation
Distinguishing Between Manager Performance and Subsidiary Performance
Some Comparative Evidence on Budgets and Performance Evaluation Systems

9. Global Risk Management
Multinational Capital Budgeting
Managing Foreign Exchange Risk

10. Transfer Pricing
Major Constituents Affected by Transfer Pricing Choices
Transfer Pricing Methods

11. Transfer Pricing
Advance Pricing Agreements
Research Evidence on Determinants of International Transfer Pricing Methods

12. Information Technology
Complexities Involving IT Systems for MNCs
Global IT Challenges and Strategies