Questions -
1."American Depository Receipts (ADRs) and International Accounting Standards" Please respond to the following:
Select the type of ADR that would be advantageous for a successful non-U.S. company to use to access U.S. markets. Provide support for your rationale.
Assess the harmonization of two to three international accounting standards, and suggest how such harmonization would improve financial reporting standards. Provide support for your rationale.
2."Foreign Currency Transactions" Please respond to the following:
Evaluate the various types of foreign currency transactions, based on the difficulty in accounting for each type of transaction. Provide examples to support your rationale.
Suggest the foreign currency that you believe to have the highest level of risk in today's business environment, and create an accounting policy that a company could implement to minimize foreign currency transaction losses. Provide support for your rationale.