1. German accounting
... code. Legislation was enacted mid-1998 by the German government to formalise this move. The adoption of the Law on Facilitation of Capital Acquisition (KapAEG) means that stock exchange-listed corporations can now opt to prepare consolidated financial statements in accordance with internationally recognised principles (IASs and US-GAAP), without additionally being obliged to prepare the ... must stipulate which accounting principles have been applied and provide a commentary on accounting, valuation, and consolidated methods that deviate from German rules. The listing on the New York S...
- Word Count: 1649
- Approx Pages: 7
- Grade Level: Undergraduate