Background of International Business Machines Corporation Accounting Essay
IBM MUST PAY IN FINAL FCPA ENFORCEMENT ACTION. The U.S. Securities and Exchange Commission today charged International Business Machines Corporation, IBM, with violating the accounting and internal control provisions of the Foreign Corrupt Practices Act, FCPA, as a result of accounting and public interest concerns: the accounting profession is not only an integral aspect of society but it also plays a vital role in the nation and business sector. As a result, this profession is expected to serve or contribute to the public interest. The Ability of the Accounting Profession to Contribute to the Public, IFRS in Multinational Companies Essay. International Financial Reporting Standards (IFRS) are the established principles on how different types of financial transactions should be reflected in financial terms. The established IFRS standard ensures that business and other financial activities are conducted in the fairest manner in global business. ~ Screen for elevated risks of individuals and entities worldwide to uncover hidden risks in business relationships and human networks. The newest international International Business Machines Corp.