Research Paper on:
Cost Accountant and Globalization

Unformatted Sample Text from the Research Paper:
from all around the world. However, it is not just the consumer that will seen impact on their lifestyle, commercial enterprise and organisations will also feel the impact. In the  case of businesses such as manufacturing this will be emphasised due to the greater degree of competition as well as the ability to be able to source inputs form different  areas. For the accountant and the manager that deal with the costs this is an important issues. When it comes to accounting we can see that there are different  practices and standards that exist in many different countries. The different standards that exist in many countries may be seen as causing confusion. The accounting guidelines in a single country  will give some degree of flexibility so that a set of accounts may be based on different practices. Therefore, even within that same country it can be difficult to  judge accounts on a like for like , but it is possible to understand the realm within which the results will fall. When we look to the way in which  the global economy is developing we can see that there is a very strong case for the use of international standards, but these are yet completely accepted.  It is only if there are international standards that international stakeholders may be able to see accounts and to compare them. However, more importantly,  we can argue that it is only with these types of standards that we may even be reliant or have a relatively high degree of confidence on the accuracy and  truthfulness of the accounts. Therefore when it comes to drawing up accounts, manages may need to be aware of these differences, as well as when it comes to considering the