Discuss the following:1 Cultural impact on translating IFRS into different languages. Be sure to include some examples. Your discussion also should include the cultural differences per Hofstede's cultural dimensions that affect accounting interpretations/judgments across countries.2 How to cope with cultural impact on: (a) translating IFRS into different languages and (b) interpretation of IFRS across countries.

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter10: Measuring Exposure To Exchange Rate Fluctuations
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Discuss the following:
1 Cultural impact on translating IFRS into different languages. Be sure to include some examples. Your discussion also should include the cultural differences per Hofstede's cultural dimensions that affect accounting interpretations/judgments across countries.

2 How to cope with cultural impact on: (a) translating IFRS into different languages and (b) interpretation of IFRS across countries.

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