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Finance in a global context : download - Coggle Diagram
Finance in a global context :
International financial institutions
World Bank
eradicate extreme poverty
promote shared prosperity
International Monetary Fund
govern the international monetary system
Economic and financial flows in a globalised world
Balance of payments
capital account
financial account
current account
Foreign direct investments
portfolio investments
International tax rates
Transfer pricing
Unitary taxation with profit apportionment
Arm's-length principle
Transfer mispricing
Different tax laws
Different regulations
Foreign Exchange Market 'forex'
Market forces
supply
demand
Value in relation to other currencies
low 'weak'
depreciates
high 'stong'
appreciates
Government intervention
increase interest rates
use foreign currency reserves to acquire its own currency
affects profits
fluctuations when trading between different currencies
Financial regulation
:
managing the national economy
information for investors
stewardship
borrowed finery
imperialism
taxation
International Financial Reporting Standards
accountability
efficiency
transparency
IFRS standards
how to measure those items
how to present in a set of financial statements
items that should be recognised
liabilities
income
assets
expense
related disclosures
Globalisation
Geographical segregation
Standards of consumer protection
Ethical values
Sustainability
Transformation
Market
Innovation
Infrasructure
Adaption
International marketing
Triggers for international expansion
customer drivers
low-growth domestic markets
competitive forces
small domestic markets
saturated domestic markets
cost factors
portfolio balance
Macro environment
trading systems
economic considerations
socio-cultural considerations
political and legal considerations
ethical considerations
Global marketplace
transnational company
Micro environment
market size and growth rate
competition
costs of serving the market
profit potential
market access
Contingent model of accounting change
consensus as to how to remedy the problem
new regulation
financial scandal
state of equilibrium
state of equilibrium
unintended consequences