会计准则与实务之国际比较（International Comparison of accounting standards and practices）.docVIP

会计准则与实务之国际比较（International Comparison of accounting standards and practices） Comparison of the international accounting standards and practices First, accounting elements of the project 1. accounts receivable. The United States should deal with accounting receivable, usually estimated bad debts and provision for allowance for bad debts in the balance sheet shows the total accounts receivable and deducting allowance for bad debts after the net. The estimated global practice of bad debts is basically uniform, most countries have established the allowance for bad debts or bad debts account, and shall be deducted from the total accounts receivable to show net receivables. The estimation of bad debt expense, but no provision for bad debts, shall be deducted directly from the accounts receivable in Italy; bad debts and liabilities as shown on the report. 2. inventory. The measurement method of inventory of all countries in the world are not the same. In Germany, if accord with tangible goods flow, FIFO and LIFO are allowed to use; in the UK, Norway, Denmark, Israel and Australia are usually not first out of financial report by backward; in Japan and Mexico can be used in the final price measure of ending inventory; in the United States. If the company used LIFO tax returns, it must also carry out financial reporting with lifo. Many countries use the lower of cost or market value of the inventory measurement, but there are differences in the price determination. The market is defined as the replacement cost and net realizable value for the upper limit, the net realizable value minus the marginal profit for the lower limit of normal. Britain, Denmark, Finland and New Zealand, the market price is defined as the net realizable value. Sweden is taking the cost and the actual value of the lower measurement value of inventories, the actual value is defined as the net realizable value, but for the raw materials and semi-finished inventory available replacement cost measurement. 3