Can be compared financial performances in different accounting Thesis

Can be comp ard financial surgerys in polar accounting measurements ( Tai GAAP, UK GAAP, IFRS) - Thesis causetechnology, the world today can be said to become a global village, where people roughly the world have become connected and integrated by the click of the computer. Besides, the number of multinational companies, unknown investors and finances from abroad invested in different countries has increased significantly. As a result of these, they face problems arising from different accounting standards. It should have been a good thing if financial performance of companies from different countries could be compared level(p) if accounting information was presented using different accounting standards. In this way, financial information can be said to have met one of the key qualities, or characteristics, which is Comparability.It should be noted here that, the accusive of financial line of reasonings can be said to be to provide information about the financial position, p erformance and changes in financial position of an enterprise that is useful to a wide range of users in make economic decisions (paragraph 12).1To be able to meet the said objectives, this research go away use financial statement of collar different companies involved in same line of business, but operating in three different countries to establish the financial performance of the three companies financial statements prepared under UK accounting standard (UK Generally Accepted Accounting Principles, UK GAAP), Thai accounting standard (Thai Generally Accepted Accounting Principles, Thai GAAP), and USA GAAP and make a comparison with the requirements of the external Financial Reporting standard (IFRS), which are accepted worldwide. The result of using different accounting standards may have an adverse effect on a company performance on the international scene in as much as investors are concerned. Some may still be in favour of a unique International accounting standard. Particula r country accounting standards are still necessary because ofShifting the accounting practice, will be consumed