International Finance and Accounting Handbook

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INTERNATIONAL FINANCE AND ACCOUNTING HANDBOOK THIRD EDITION Edited by FREDERICK D.S. CHOI JOHN WILEY & SONS, INC. ...

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INTERNATIONAL FINANCE AND ACCOUNTING HANDBOOK THIRD EDITION ...

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INTERNATIONAL FINANCE AND ACCOUNTING HANDBOOK THIRD EDITION Edited by FREDERICK D.S. CHOI JOHN WILEY & SONS, INC. ...

This book is printed on acid-free paper.
∞ Copyright © 2003 by John Wiley & Sons, Inc., Hoboken, New Jersey. All rights rese ...

To Lois— Thank you for being there always and all ways. ...

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vii ABOUT THE EDITOR Frederick D.S. Choi,is the Abraham L. Gitlow Professor of Accounting and Inter- national Business and Dean ...

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ix ABOUT THE CONTRIBUTORS Carol Adamsis a Professor of Accounting and Head of School of Business and Eco- nomics—Gippsland at Mo ...

Marcia Millon Cornett, PhD,is a professor of finance at Southern Illinois Univer- sity, Carbondale. She has written several arti ...

the accounting, tax, and regulatory aspects of derivative, securitization, corporate fi- nance, M&A, leasing, compensation, ...

James L. Mills, PhD,is a professor of international finance and banking at Thun- derbird—The American Graduate School of Interna ...

Lee H. Radebaugh, DBA,is the KPMG Peat Marwick Professor of Accounting at Brigham Young University and Co-Director of the BYU–Un ...

Marti G. Subrahmanyamis the Charles E. Merrill Professor of Finance, Econom- ics, and International Business at the Stern School ...

xv PREFACE This handbook is intended as a reference for financial managers, credit and security analysts, bankers, lawyers, acco ...

Part VII: International Auditing. Provides insights into both internal and ex- ternal auditing requirements in a post-Enron wor ...

xvii CONTENTS PART I GLOBALIZATION OF FINANCIAL MARKETS 1 Integration of World Financial Markets: Past, Present, and Future ROYC ...