International Accounting

In today's society, businesses are playing an important change in the life of many people. More and more businesses are starting to operate both locally and internationally. The expansion of business has led

the world into a new period filled with creative technology. With the effects of international pressures, businesses sometimes need to adapt to or try to influence culture. Culture is what people value and believe. Trying to change a person's perspective about one's culture is not easy. Yet, cultural environment is changing slowly, as people are more concern with what is going on economically, politically, financially, and social and legally. Due to these changes, international factors are becoming more important. Along with that comes for accounting change. Many businesses have to conduct a lot of surveys and advertisements to see what consumers are looking for. Global business has created many jobs, competition, technology, and much more. With these differences in mind every business might have its own accounting system. This is because of cultural, economic, political, and legal system differences. Laws that are convenient and easy to understand in the US might have no meaning at all to another country. Usages of vocabulary can have a great effect in business depending on what the word means. Developing countries might have a much simpler accounting system than those of the developed countries. Every country has its own style of living and working conditions. If one accounting system were use to satisfy everyone country it would be confusing and worthless to certain countries because of differences in things like taxes, sizes of business, compensation plan, or rules and laws. Since the world has a different perspective of how the world should be manage decisions are made very differently. So, it is important for businesses to notice of what is going on around the world to stay competitive and survive.