Cover; Half Title; Title Page; Copyright Page; Original Title Page ; Original Copyright Page ; Table of Contents; List of Tables; List of Figures; Acknowledgements; Abstract; I. Introduction; II. SFAS 52 in Perspective; International Exchange Rate Volatility; World War I and the Gold Standard; 1920s and Exchange Rate Volatility; Volatility from the 1930s to the 1980s; International Investment Increases; Accounting Profession's Response; Translation Methods; Current/Noncurrent Method; Monetary/Nonmonetary Method; Temporal Method; Current Rate Method; Reporting Options; SFAS 8 Introduced
SFAS 8 CriticizedSFAS 8 Revised; III. SFAS 52 Compared to SFAS 8; Objective of Translation; Measurement Concept; Entity Concept; Realization versus Recognition; Translation Adjustments; Hedging; Foreign Exchange Exposure; Exchange Rate Selection; IV. Literature Review; Research Prior to the 1970s; Two Financial Accounting Concepts; Disclosure Concept; Realization Concept; Multinational Corporate Practices; Reported Earnings and Security Market Prices; Reported Earnings; Security Market Prices; Attitudes of Multinational Managers; Performance Evaluation; Future Research; V. Methodology
Major Research QuestionSupplementary Research Questions; Four Hypotheses; Dissertation Scope; Data Described; Criteria for Selecting Data; RH Four and SRQ Four; Data Characteristics; Research Design; Treatment of Data; Research Methodology Summarized; Historical Background; Relevant Research; SFAS 52 Compared to SFAS 8; Standard Selection; VI. Results; Research Results Summarized; Accounting Standard Selection; SRQ Four; Choice of Increased or Decreased Reported Earnings; RH Four; Change in Reported Earnings; Four Deviant Corporations; VII. Conclusions; Historical Background
SFAS 52 Compared to SFAS 8Prior Research; Accounting Standard Selection Theories; Future Research; Leverage; Percentage of Assets; Percentage of Sales; Change in Management; Discriminant Analysis; Impact on EPS; Appendixes; References; Index
