• +44-190-022-0819 +44-190-022-0819
  • +1-248-268-9041 +1-248-268-9041
  • +61288800241 +61288800241


Search your solution from list of 1000+ questions


Product code: Accounting-AW551


Question One:

(a) In a summary table compare and contrast the key development factors,  cultural dimensions and accounting values of Japan and China as would be predicted under the Hofstede and Gray classification models;

 (b) Using the Readings/References supplied, identify the CURRENT, key accounting professional characteristics and accounting policies, principles and practices of Japan and China; and

 (c) In your own words discuss whether you believe these current policies, principles and practices of each of these two countries are CONSISTENT with your original predictions in relation to the accounting values of each country. Provide an explanation for any similarities or differences.

Question 2:

Read the set reading by Pawan Jain and:

  1. In your own words briefly summarise the key benefits and challenges faced by India in converging with IFRS.
  2. What impact do you believe these Indian-based Accounting System features will have on the quality of the annual reports of Indian listed companies?


Download Questions

The country scores on the Hofstede Dimensions and Gray classificationsfor Japan and China found to be moderate in compare with the nation USA as some factors favour the growth of industry whereas some acts as obstacles. The first factor power distance is correlated with income inequality in both countries. It is in decreasing trend due to decrease in per capita income between rich and poor. It is one of the reason for rising education and growing working population in both countries especially China.

Related Questions in (Accounting)


Solution: The Journal of Helene Berr and Rue Ordener, Rue Labat 2 evidences that prove the difficulty and destructiveness that the people had to face in those four years. As mentioned by Berr (2009, p.23), in h ...


Solution: Employee communication highlights the sharing of ideas and information. In this competitive business world, information exchange is essential among employees to develop team performance effectively. m ...


Solution: As per Section 1 of the Thirteenth year plan describes about China’s two key objectives that will be accomplished if the National People’s Congress or the standing committee of this party passes t ...


Solution: (Feldman 2005) reference information extraction to be one of the weightiest pre-processing method that escalates the text mining potential significantly. Pre-processing is an essential part in informa ...


Solution: The pro forma income statement represents a trending statement that includes the probable net income value for the company considering the current growth and decline rates valid throughout the period ...


Solution: Mode is defined as the value which occurs more frequently in the data set. The mode for non-business is 82 while for business is only 59. P value can be calculated from z table . As per z table p valu ...


Solution: ABC assumes that there are different activities involved in different processes that cause costs andthe product, services, and customers are reasons for those activities. The UK customer segment is br ...


Solution: Residual earnings valuation method is used to calculate the intrinsic value of the stock based on the expected residual income of the company in the coming years. The residual income is discounted bac ...