1、國際會計試卷3奧一、奧Definit扮ion（隘名詞解釋擺:Each o隘f the f艾ollowin傲g for 3藹 points板, total半 12 poi熬nts）氨1.Forei胺gn exch白ange ex背posure隘外匯風險白2.Forwa擺rd cont辦ract捌期貨契約斑 遠期合同昂3.襖 An ind隘irect f隘oreign 斑currenc骯y quote版 間接外匯報價敖4.暗 Intern頒ational哎 Accoun埃ting芭國際會計絆二、傲Single 搬choice 霸questio盎n (絆單項選擇題氨：Each o扳f the f百o

2、llowin吧g quest搬ion for挨 2 poin八ts, tot俺al 10 p般oints)板1.擺 Which 傲of the 稗followi辦ng is n安ot an e昂nvironm巴ental f唉actor a白ffectin耙g accou笆nting?以氨下哪一個不是環懊境因素影響會計扒嗎?哎A.般Level o耙f enfor瓣cement 巴of regu敖lations頒阿B.懊Nature 霸of capi佰tal mar罷kets熬笆C.澳Type of盎 legal 罷system絆敖D.Langu背age耙E.盎Level o頒f infla靶t

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5、ie靶s.伴E.百All of 藹the abo胺ve.藹4.斑 The cu伴rrency 伴in whic瓣h the p敖arent c礙ompany 壩prepare俺s its f翱inancia芭l state敗ments i八s the貨幣稗的母公司8的財藹務報表藹A.base 板currenc八y.俺艾B.funct絆ional c岸urrency佰.百拜C.histo壩rical c拔urrency般.藹D.礙reporti巴ng curr板ency.把E.None 斑of them辦5.懊 Under 翱the mon礙etary/n癌on-mone爸tary me按tho

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7、points,藹 total 奧15 poin阿ts)昂1.爸 Major 盎Challen懊ges Fac哀ing Acc昂ounting皚 Global把ly澳會計所面臨的挑笆戰主要全球A.澳Global 胺Harmoni霸zation般B.般Quality扳 of Fin阿ancial 敖Reporti芭ng in D板evelope凹d and E癌merging按 Econom翱ics 拔C.哎Social 霸and Env板ironmen哎tal Rep凹orting班D.白Financi岸al Repo霸rting i稗n the H唉igh Tec氨hnology艾 Era熬E

8、.爸Review 挨of Sele皚cted Cl瓣assific哀ation S稗tudies胺2.吧 岸Interac懊tion be佰tween A襖ccounti隘ng and 靶its Env懊ironmen搬t盎 mainly熬 includ八es the 拔fowllow般ing asp敖ects:會計擺和它的環境的相拔互作用主要體現斑在fowllo罷wing方面:奧A.翱Nature 皚of Capi疤tal Mar奧kets邦 and 擺Type of八 Report把ing Reg藹ime白B.瓣Type of案 Busine岸ss Enti爸ties芭 and 愛Type

9、 of斑 Legal 瓣System翱C.耙Level o哀f Enfor扳cement 扳of Regu澳lations白 and 罷Level o拔f Infla擺tion胺D.半Politic敗al and 般Economi按c Ties哎 and按 Status翱 of the笆 Accoun搬ting Pr扒ofessio凹n跋E. 吧Existen懊ce of a矮 Concep叭tual Fr矮amework岸 and埃 Qualit傲y of Ac辦countin礙g Educa扒tion瓣Volunta盎ry disc艾losures扮 by MNE皚s are i伴nflu

10、enc芭ed by 百通過主動批示受稗跨國企業癌A瓣. 挨 柏size.敗B隘. 芭 阿interna把tional 安listing稗 status暗.班C挨. 佰 吧country皚 of ori懊gin.拌D暗.藹 半 indust巴ry.俺E Lang邦uage版4.伴 扒Additio拜nal Iss案ues in 阿Interna藹tional 稗Financi敖al Stat靶ement A靶nalysis半 includ礙e the f矮ollowin斑g:另外的問題罷,在國際財務報敗表分析如左:盎Availab邦ility o癌f Data耙Reliabi盎lity of般

11、Data哎Timelin隘ess of 半Data澳Languag搬e, Term翱inology拔 and Fo皚rmat版E.辦 None o矮f them拔5.吧 Invest板ors are扒 concer奧ned abo癌ut投資者關心吧的是挨A佰. up-to擺-date m襖easurem骯ents of哀 earnin艾gs壩B伴. lack 艾of comp俺arabili埃ty of M哀NEs頒C皚. the i辦nformat般ional c挨ontent 傲of MNE 襖reports盎D八. 安Goodwil埃l奧E哎 None o邦f them挨四、Essay骯

12、 questi澳ons (簡答八題：Each 昂of the 按followi柏ng 拜questio芭n按s for 8襖 points扒, total熬 16 poi按nts。)背1. Cost頒 consid絆eration阿s and t岸he need凹 to tap瓣 capita斑l provi澳ders in敗several襖 countr敗ies som扳etimes 斑result 暗in cpma背nies pr稗eparing藹 univer盎sal rat柏her tha稗n count俺ry-spec班ific se扒condary版 statem伴ents. I骯

13、f you w礙ere ana半lyzing 擺a unive拜rsal se埃condary辦 statem頒ent of 八a forei班gn comp斑any, wh吧at migh骯t be so百me of y礙our con白cerns b板efore m芭aking a拌n inves扳tment d八ecision柏? How w斑ould yo昂u get t爸he answ奧ers you邦 need?成疤本的考慮和需要瓣去利用資本提供八者inseve罷ral國家在某拜個時候導致cp笆manies準拔備普遍而不是國唉家二級報表。如皚果你是一個普遍扒的次要的陳述分昂析外資公

14、司,可安能是一些你的擔案憂之后方可投資跋決定嗎?你如何敖得到答案,你需扒要什么?澳2.伴 What i壩s t罷he Role奧 of Fin辦ancial 耙Reporti襖ng in E壩merging翱 Capita半l Marke罷ts辦?的角色是什么跋新興資本市場財唉務報告嗎?啊五、Inter壩nationa氨l Accou阿nting P敗ractice疤s (國際會計班實務：Tota擺l for 1隘2 point翱s)骯Latecho愛c (Swit胺zerland哀) compa絆ny bega捌n its f板irst ye搬ar of b皚usiness邦 on Jan斑

15、 1, 200氨8. Belo翱w is th把e 靶company般芭s state翱ment of藹 income柏 for th俺e year.半Latecho吧c(瑞士)公司頒開始了它的第一壩次多年的經營在辦今年1月1日起安,。以下是該公艾司的聲明的生活岸一年。哎Latecho按c澳Stateme傲nt of i俺ncome (罷in mill霸ions of骯 Swiss 翱francs)百Year en拌d Decem皚ber 31,邦 2008罷Net Sal傲es班敖瓣鞍扮 擺 背 盎 安 7,820傲唉Cost of佰 goods 壩sold邦耙 凹 巴 疤 背 敗 胺 (4

16、,00芭0)拌艾Selling壩, gener傲al and 熬adminis唉trative白安 半 氨 熬 隘(850)班霸Rent 絆 按 扮 熬 絆 襖 (4敖00)絆靶Adverti拔sing奧皚巴 八 懊 澳 罷 辦 鞍 (150)敗跋Equipme擺nt depr拔eciatio傲n 百 扳 柏 (瓣1,250)瓣襖Interes皚t expen暗se熬礙 鞍 阿 把 壩 (9哎0)笆礙Utiliti斑es 扒 疤 奧 邦 挨 奧 (30)拜霸Federal艾 income白 taxes 奧 挨 八 唉邦 胺(65)叭熬Net ope俺rating 奧income哎 骯 艾 安

17、哎 按 罷 985捌扒Assume 佰that eq絆uipment八 was ac八quired 百at the 版beginni霸ng of t澳he year骯 and th斑e net m疤onetary哎 gain f叭or the 癌year wa扳s 480 (扳in mill敖ions of笆 Swiss 擺francs)耙. What 靶is the 安company芭稗s adjus邦ted GPL唉A net i拔ncome f唉or the 按year en皚ding De巴cember 斑31, 200瓣8?假設設備是愛這樣獲得的:在襖今年年初,凈貨擺幣的升幅,一年版

18、480(數以百吧萬計的瑞士法郎扳)。貴公司調整隘GPLA凈收入昂止年度2008扳年12月31日鞍?案What is扮 the co哎mpay艾骯s GPLA-芭based n柏et inco俺me for 絆the yea拌r endin芭g 澳Decembe邦r佰 31, 20唉08?什么是企邦業GPLA-b絆ased凈收入爸止年度2008版年12月31日八?白六、Case 傲analysi斑s (案例分析稗題：This 稗section俺 for 35板 points罷)澳Tech co半rporate白 of USA絆 is a m耙anufact笆urer of叭 skates捌 sh

19、ore 澳for ent啊husiast扒s of al矮l ages.捌 Durign跋 the la傲st five胺 years,耙the cos暗t of ra把w mater挨ials an八d labor巴 have c吧ontinue懊d to ri安se in t扳he firm澳絆s U.S m捌anufact伴uring 爸facilit稗y鞍. As a 把result,敗 the CE啊O of Te叭ch corp懊orate i罷s consi吧dering 瓣establi胺shing a耙 new ma半nufactu斑ring su盎bsidiar皚y ove

20、rs頒eas to 扒take ad頒vantage耙 of low扮er prod骯uction 皚costs 罷elsewhe鞍re半. Inves鞍tment a襖dvisors案 to the挨 CEO ha奧ve sugg敗ested M唉alaysia辦 and Th岸ailand 芭as two 巴possibl懊e locat扮ions. B艾elow is按 the su艾bsidiar瓣y矮鞍s expec拜ted aft芭er-tax 耙cash fl耙ows wil藹l be in扒 ringgi襖ts or 俺bath背, the c耙ompany 挨anticip罷

21、ates so隘me U.S 鞍dollar-拌denomin霸ated ex爸penses.搬美國的科技公司澳是一家專業生產唉的冰鞋古堡區和扒愛好者的青睞。翱過去的五年里,傲Durign原傲材料的價格持續辦增加與勞動在公安司的你S制造點盎。因此,該公司版的首席執行官的哀高科技公司正在把考慮建立新的生吧產子公司海外利敖用降低生產成本敗的地方。投資顧頒問向總裁,馬來翱西亞和泰國的建般議可能有兩種不般同的地點。以下哀是該子公司的稅癌后現金流量預期扒將在ringg叭its或浴,公俺司期望有些看.澳 S美元的費用敖。安Blades 白Malaysi扒a in mi礙llions捌2003盎2004白2

22、005叭2006盎2007斑MR cash艾 inflow澳s頒3500澳4000挨5500版4800白MR cash岸 outflo罷ws吧15000隘2000邦900般700翱1000稗US$cash柏 outflo邦ws艾200阿150般125挨75把Blades 絆Thailan版d in mi邦llions胺2003埃2004岸2005瓣2006吧2007艾TB cash懊 flows壩25000八22500艾23000辦24800挨TB cash敖 outflo哎ws般35000班2000哀2200哎1900辦3000壩US$cash隘 outflo絆ws案125按175拜200疤

23、none安Additio八nal拌 inform挨ation:般Exchang拌e rates胺 for 20盎03 are 捌3.8 Mal礙aysian 氨ringgit耙(MR)=US靶$1 and 擺39.5 Th翱ai 巴bath藹 (TB)=U阿S$1. It氨 is exp隘ected t扮hat the拌 Malays伴ian rin埃ggit wi唉ll depr矮eciate 扒3 perce藹nt a ye拔ar agai佰nst the按 dollar氨 and th伴e Thai 捌bath背 will a捌pprecia罷te 4 pe胺rcent a哎 year

24、a艾gainst 礙the dol靶lar.Tec氨h corpo班rate傲扮s avera扮ge cost佰 of cap哎ital fo懊r both 敖project藹s is 12暗%.The 1傲2% of P吧resent 翱value f柏actor:疤2003捌2004扒2005傲2006愛2007拌1.000扮0.8929扳0.7972敗0.7118頒0.6355疤Require按ments:瓣Determi板ne the 耙net pre板sent va哎lue of 扒both pr挨ojects確翱定凈現值兩者的安項目俺If you 暗were Te哀ch corp啊

25、orate胺板s inves暗tment a皚dvisor,癌 which 愛lacatio埃n would半 choose絆 for ne柏w subsi骯diary? 扮Why?如果你翱是科技企業投資扳顧問,為新子公拜司地理位置會選按擇嗎?為什么?白國際會計試卷3捌 答案及評分標扳準 胺 跋 扳 般一、Defin扒ition（名澳詞解釋:Eac柏h of th叭e follo艾wing fo礙r 3 poi柏nts, to頒tal 12 笆points）稗1.Forei岸gn exch頒ange ex斑posure:鞍 Foreig拌n excha啊nge exp捌osure i罷s a

26、mea癌sure of耙 the po敖tential斑 for a 挨firm鞍愛s profi藹tabilit矮y, cash澳 flow, 哀and mar搬tket va絆lue to 骯change 壩due to 愛a chang岸e in ex搬change 班rates.盎2.扒Forward哎 contra傲ct 伴is a co隘mmitmen挨t to ex稗change 翱currenc哀ies in 伴the fut班ure at 熬a rate 搬that is凹 set to唉day. Wh艾ile the凹 amount癌 of the叭 transa爸ctio

27、n, 襖the mat巴urity d埃ate, an佰d the e捌xchange耙 rate a笆re all 靶determi皚ned in 班advance隘. no mo扒ney cha埃nges ha稗nds unt壩il the 襖settlem罷ent dat扮e.搬3.柏 An ind擺irect f暗oreign 爸currenc罷y quote絆 :胺 An ind昂irect f笆oreign 八currenc罷y quote拜 repres愛ents ho翱w much 耙of the 版foreign暗 curren啊cy can 挨be purc拔hased f

28、埃or one 岸unit of背 the do頒mestic 百currenc艾y.癌4.安Interna巴tional 暗Account靶ing埃 扒The def熬inition氨 includ擺es (1) 扮interna翱tional 吧transac岸tions (把2) comp背arative澳 GAAP (挨3) harm八onizati熬on and 稗(4) con拜trol of挨 global板 operat敖ions. I按nternat斑ional a八ccounti唉ng enco唉mpasses絆 all ma昂jor are疤as of a懊ccounti

29、捌ng案二、隘Single 笆choice 胺questio霸n (隘單項選擇題奧：Each o邦f the f耙ollowin昂g quest巴ion for拌 2 poin瓣ts, tot澳al 10 p靶oints)胺1.D 2.E安 3.E 4.矮D 5.C扳三、骯Multipl皚e choic霸e quest拜ions (多哎項選擇題：Ea白ch of t板he foll俺owing q懊uestion愛 for 3 瓣points,氨 total 鞍15 poin百ts)艾1.ABCD 靶2.ABCDE伴 3.ABCD愛 4.ABCD罷 5.ABC頒四、Essay邦 questi熬

30、ons (簡答扮題：Each 鞍of the 隘followi白ng 澳questio俺n氨 for 8 皚points,胺 total 背16 罷points版.)跋1.案 Cost c敖onsider搬ations 愛and the扳 need t背o tap c版apital 藹provide昂rs inse唉veral c奧ountrie埃s somet鞍imes re扒sult in癌 cpmani壩es prep叭aring u稗niversa班l rathe澳r than 癌country胺-specif板ic seco板ndary s吧tatemen隘ts. If 斑you w

31、er氨e analy辦zing a 扳univers伴al seco氨ndary s挨tatemen襖t of a 哀foreign笆 compan熬y, what啊 might 頒be some芭 of you凹r conce哀rns bef拜ore mak安ing an 巴investm耙ent dec白ision? 罷How wou叭ld you 胺get the爸 answer扮s you n阿eed?襖Suggest案ed solu俺tion:.C胺ompanie白s that 皚prepare巴 univer壩sal sec耙ondary 班stateme罷nts oft背en u

32、se 邦Interna百tional 板Account百ing Sta盎ndards.爸 There班 is res叭earch e罷vidence擺 that s百uggests盎 that t版here ar唉e poten艾tial pr笆oblems 笆with fi般nancial般 statem昂ents th白at are 半purport頒edly pr艾epared 岸using I巴ASs. H辦istoric白ally, t跋here ha澳s been 凹a compa爸rabilit罷y probl藹em sinc哎e IASs 皚were ra吧ther br邦oa

33、d and把 allowe傲d compa頒nies th暗e choic爸e of se按veral a懊ccounti吧ng trea般tments 霸on vari稗ous ite礙ms. Su哀pporter絆s of gl扒obal ha盎rmoniza藹tion ar埃gue tha班t this 翱problem柏 has be半en addr皚essed v罷ia the 拜tighten凹ing of 邦standar礙ds thro般ugh the擺 IASCs擺 Compar伴ability白 Projec把t. How搬ever, t昂here is罷 still 班t

34、he mat邦ter of 霸whether笆 compan邦ies tha叭t claim挨 to com凹ply wit凹h IASs 斑actuall昂y do. 扳Several吧 recent般 studie稗s have 啊shown t氨hat thi跋s is no奧t the c擺ase. T吧his rai唉ses que霸stions 扮as to t絆he reli扒ability凹 and co柏mparabi藹lity of吧 univer版sal sec案ondary 昂stateme般nts pre絆pared u搬sing IA班Ss.把2.絆 盎What i

35、s按 t邦he Role半 of Fin背ancial 芭Reporti拜ng in E巴merging笆 Capita拔l Marke擺ts?頒(扮1拜)暗. Befor阿e ECM c爸an func哎tion ef奧fective安ly, it 捌is esse頒ntial t阿o have 般in plac昂e a set敗 of cor背porate 拜reporti板ng poli暗cies an巴d proce藹dures g胺eared t伴owards 半supplyi盎ng the 奧informa皚tion ne跋cessary熬 for ma挨king in辦vestm

36、en扮t decis氨ions. A埃ccounti罷ng info白rmation絆 is an 矮essenti胺al for 巴buildin俺g effic岸ient fi版nancial皚 market稗s. 板(扳2爸)啊. Devel拔oping a懊n effec埃tive ac愛countin唉g and a傲uditing奧 profes八sion is辦 essent扳ial for扒 buildi埃ng effi鞍cient f鞍inancia凹l marke瓣ts. The絆 accoun熬ting an傲d legal骯 infras罷tructur礙e under

37、跋lying a愛n ECM w般as a ma胺jor fac八tor for按 evalua霸ting th靶e inves扮tment p埃otentia拔l of th疤e marke八t. 疤(疤3敖)凹. Finan吧cial re辦porting班 is cen扮tral to靶 regula敖tions p翱ertinen暗t to es耙tablish案ing an 阿active 擺market 案for cor哀porate 皚securit翱ies.罷五、Inter拔nationa礙l Accou艾nting P罷ractice安s (國際會計矮實務：搬Total藹 f

38、or 12霸 points唉)拔Latecho吧c (Swit拔zerland耙):氨 Histor隘ical 啊 捌Adjustm扮ent 暗 P-L-扳A 矮 霸 俺 伴 哀Cost 熬 隘 班Ratio 哎 艾 Bas白is俺Net Sal熬es阿佰擺爸捌 7,礙820敖吧愛 岸108/105邦 佰班 胺 8,043哎Cost of胺 goods 埃sold盎敗邦辦 (4頒,000)熬八版 澳108/105按 藹(4,114)啊Selling擺, gener阿al and 霸adminis辦trative擺背 (850)頒扳百 案108/105叭阿 盎 (874俺)吧Rent 啊 斑 半

39、 拌 (400跋)拜斑爸 辦108/105艾 班稗 昂 奧 (411)藹Adverti敖sing扮瓣擺按 岸 (150襖)罷擺俺 柏 盎108/105俺 皚唉 捌 般 (154)翱Equipme伴nt depr暗eciatio疤n 疤(1,250)癌艾俺 疤108/100奧 疤半(1,350)懊Interes白t expen敗se艾哎 哀 百 (90)罷扒伴 拔 捌108/105扮 扒頒 挨 稗 (93)昂Utiliti澳es 斑 白 背 (3瓣0)按胺哀 澳 般108/105搬 疤柏 扳 哎 (31)藹Federal傲 income襖 taxes 哀 叭盎 般 岸 耙 (65)懊骯澳 扳10

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42、 板(150)奧按 敗 熬(125)拜 傲 愛(75)扮Net $ f爸lows 吧 稗 (3,9阿47)胺 艾 183 八 啊 619 俺 1,031捌 骯 辦 8芭13耙12%Pvfa白cto芭 斑1.000安 氨 班 藹.8929岸 班 扳 翱.7972按 啊.7118哀 霸 百 瓣.6355拜PV of $拔 flow 胺 柏 (3,947佰) 艾 案163 癌 493 安 734 八 邦 襖 517鞍Project哀 NPV = 扒$(2,040扳)艾Blades 耙Thailan氨d net p絆resent 澳value (辦Thai Ba唉th in m瓣illions安 of

43、 $):澳 挨 按 皚200八3岸半 敖200把4百 敖柏 癌200礙5昂扳 凹200骯6班 懊 敖200挨7翱Net TB 瓣cash fl百ow 半 哎 (35,00唉0) 拌 拜23,000 懊 隘 佰 20,30襖0 頒 背 21,10啊0 擺 壩 21,800擺Fixed r靶ate TB/癌$ 翱 藹 奧39.5 愛 阿 百 骯37.92吧 扳 熬 熬36.403罷 澳34.947敗 瓣33.549傲Dollar 疤value 壩 芭 瓣 (886) 爸 邦607 跋 奧 558 扒 604昂 班 柏 650啊Less $ 百outflow白s 疤 扒 _隘_ 凹 暗 稗(125)

44、靶 扒(175)礙 艾(200)凹 俺_爸Net $ f板lows 盎 澳 唉 (886)矮 啊 482 安 芭 383 絆 40笆4 霸 阿 650佰12%Pvfa半ctor扳 把 1敖.000芭 搬 吧 扮.8929辦 岸 扳 稗.7972案 敗 板 熬.7118澳 白.6355癌PV of $佰 flow 礙 百 哀 (886)氨 安 鞍 皚430 爸 瓣 305 胺 罷288 邦 板 413班Project拌 NPV = 拔$550 愛2.埃 As 柏Tech背 Corpor跋ations叭 invest按ment ad吧visor, 霸you sho拜uld cho霸ose the澳

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59、n/笆 South 氨America啊n Model俺, North白ern and岸 Centra半l Europ背ean Mod傲el, Uni白ted Sta拌tes Mod辦el, and搬 an “Ot班her” ca骯tegory 芭which i擺ncluded辦 only C俺hile. 百There w笆ere sev捌eral re背liabili埃ty and 懊relevan澳ce prob骯lems re絆lated t按o the P翱rice Wa耙terhous頒e surve笆y data 爸used by傲 Nair a把nd Fran昂k (1980敗).

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