The face of business and its structure and strategies are frequently affected by Globalization. Such effects are at times favorable and at others detrimental to businesses. Business owners and employees should constantly improve their knowledge of business environment, how globalization affects it, and how to deal with the issues and tae advantage of the opportunities. Knowledge of International and Global organizations and their works can also greatly affect their understanding of business.
International Financial Reporting Standards (IFRS) is an accounting tool offering a framework within which companies provide their financial information. The framework introduces standards that makes it possible to compare and contract financial information among businesses. More...
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