The new international financial architecture and accounting standards

The international community is living transcendental moments, by tire way of globalization and the world of businesses are being transformed; we observe how international financial capitals with its economic power looks for maintain dominion world-wide. In addition, they are supported on internation...

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Detalles Bibliográficos
Autor principal: Mendoza-Castillo, Reynaldo
Formato: Revistas
Lenguaje:Español
Publicado: Universidad de Cartagena 2006
Acceso en línea:https://revistas.unicartagena.edu.co/index.php/panoramaeconomico/article/view/413
Descripción
Sumario:The international community is living transcendental moments, by tire way of globalization and the world of businesses are being transformed; we observe how international financial capitals with its economic power looks for maintain dominion world-wide. In addition, they are supported on international organizations that had designed accounting and financial standards, codes and macros. These norms that must be applied by the accounting community and there are many aspects in which they are founded to the implementation, looking for the profit of the investors, and the utility of accounting normalization. They have reached all of these through the new international financial architecture by means of agreements to promote the efficiency and stability of the international financial system.  Key Words: International Financial Architecture, International Financial Crisis, International Accountant, Standards, Codes, Norms.