Making the right comparisons: Novartis AG

Article Abstract:

A scenario where a securities analyst evaluates the financial performance of Novartis AG under International Financial Reporting Standards (IFRS) and U.S. Generally Accepted Accounting Principles (GAAP) is provided to give students a chance to examine the issues giving rise to differences under the two sets of standards. The skills learned in this exercise are useful beyond the IFRS to U.S. GAAP context.

United States, Switzerland, Novartis AG, Comparative analysis, NVTSY

---

GlaxoSmithKline Plc.: international transfer pricing and taxation

Article Abstract:

The tax case of GlaxoSmithKline Plc. regarding underpayment of nearly $30 billion of sales from 1989-1999 provides the backdrop for a case that intends to develop a student's understanding of international transfer pricing and taxation of intangible assets. Students are required to present calculations using various transfer pricing methods and to compute different transfer pricing methods.

Legal issues & crime, Legal/Government Regulation, United Kingdom, Taxation, Company legal issue, Cases, Corporate taxes, Corporations, Powers and duties, United States. Securities and Exchange Commission, Tax evasion, GlaxoSmithKline PLC

---

Besser Pharma: international accounting for pensions

Article Abstract:

Besser Pharma's company background and pension accounting standards in Germany are discussed to give students a basis for learning about pension accounting. Students are asked to reply in a memo to Besser Pharma's CFO a several questions on alternative accounting approaches as allowed by International Accounting Standard no. 19, Employee Benefits.

Germany, Pensions, Tax policy

Similar abstracts:

• Abstracts: An empirical analysis of internal and external reference prices using scanner data. The influence of purchase quantity and display format on consumer preference for variety
• Abstracts: Training x trainee interactions in a family planning intervention. Challenging the courtesy bias interpretation of favorable clients' perceptions of family planning delivery
• Abstracts: A matter of feeling? The affective tone of organizational commitment and identification. Organizational identification versus organizational commitment: self-definition, social exchange, and job attitudes
• Abstracts: The mobile phone and the dynamic between private and public communication: Results of an international exploratory study
• Abstracts: Understanding accounting for business combinations: an instructional resource. Improving performance in accounting: evidence for insisting on cognitive conflict tasks

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.