tailieunhanh - Lecture International accounting (3/e): Chapter 12 - Timothy Doupnik, Hector Perera

Chapter 12 - International transfer pricing. The learning objectives for this chapter include: Describe the importance of transfer pricing in achieving goal congruence in decentralized organizations, explain how the objectives of performance evaluation and cost minimization can conflict in determining international transfer prices,. | Chapter Topics Transfer prices, corporate objectives, national tax laws. Cost minimization and performance evaluation. . transfer pricing rules. Five specific methods to determine arm’s-length prices. Advance pricing agreements (APAs). Enforcement of transfer pricing regulations. Learning Objectives Describe the importance of transfer pricing in achieving goal congruence in decentralized organizations. Explain how the objectives of performance evaluation and cost minimization can conflict in determining international transfer prices. Show how discretionary transfer pricing can be used to achieve specific cost minimization objectives. Describe governments’ reaction to the use of discretionary transfer pricing by multinational companies. Learning Objectives Discuss transfer pricing methods used in the sales of tangible property. Explain how advance pricing agreements can be used to create certainty in transfer pricing. Describe worldwide efforts to enforce transfer pricing regulations. Transfer pricing is the determination of price on the exchange of goods or services between related parties. These transfers are also referred to as intercompany transactions. Upstream transfers go from subsidiary to parent, while downstream transfers are from parent to subsidiary. Transfers also occurs between different subsidiaries of the same parent. A significant proportion of international transactions are intercompany transfers (in 2009 represented 40% of . total goods trade). Decentralization and agency problems Decentralized companies are organized by division and division managers have significant authority. This structure decomposes problems into smaller pieces. It also permits local decision making which provides more responsibility for division managers. An agency problem can occur since division managers make decisions in their self-interest. The manager’s self-interest can vary with the best interests of the company. Learning Objective 1 An effective accounting . | Chapter Topics Transfer prices, corporate objectives, national tax laws. Cost minimization and performance evaluation. . transfer pricing rules. Five specific methods to determine arm’s-length prices. Advance pricing agreements (APAs). Enforcement of transfer pricing regulations. Learning Objectives Describe the importance of transfer pricing in achieving goal congruence in decentralized organizations. Explain how the objectives of performance evaluation and cost minimization can conflict in determining international transfer prices. Show how discretionary transfer pricing can be used to achieve specific cost minimization objectives. Describe governments’ reaction to the use of discretionary transfer pricing by multinational companies. Learning Objectives Discuss transfer pricing methods used in the sales of tangible property. Explain how advance pricing agreements can be used to create certainty in transfer pricing. Describe worldwide efforts to enforce transfer pricing .

• Kế toán - Kiểm toán
• International accounting
• Kế toán quốc tế
• Bài giảng Kế toán quốc tế
• Lecture International accounting
• International transfer pricing
• Cost minimization
• Lesson International Accounting
• International accounting main contents
• Main contents
• Accounting standards
• International convergence
• Financial reporting
• International accounting standard
• International federation of accountants
• Comparative accounting
• Accounting environment
• Accounting profession
• Accounting regulation
• Auditing research
• Accounting research
• International research
• Environment of international research
• International accounting environment
• International accounting standards board
• Chuẩn mực kế toán quốc tế
• International Accounting Standard 8
• Accounting policies
• Accounting estimates
• Borrowing costs
• International taxation
• International business decisions
• Corporate income tax
• Tax jurisdiction
• Corporate governance
• International trends
• International diversity
• The adjusting process
• Accrual accounting versus cash basis
• Other accounting principles
• Two categories of adjusting entries
• The adjusted trial balance
• Completing the accounting cycle
• The worksheet
• Closing the accounts
• Classifying assets
• Liabilities and payrol
• Current liabilities of known amount
• Current liabilities
• Accounting for payroll
• Worldwide accounting diversity
• Accounting diversity
• Inflation accounting
• Inflation accounting internationally
• Consolidated financial statements
• Foreign capital markets
• Financial statements
• International harmonization
• Comparative international accounting
• International differences
• International classification
• International Accounting Standard 39
• Financial instruments
• Financial liability
• Financial assets
• Merchandise inventory
• Accounting principles
• Inventory costing methods
• Inventory accounting
• Government grants
• Accounting for government grants
• International Accounting Standard 20
• Government assistance
• International business
• Foreign customer
• International financial reporting standards
• Intangible assets
• International corporate social reporting
• Corporate social reporting