By James A. Heely, Roy L. Nersesian
For corporate executives who must understand the complexities of international financial management, Heely provides a comprehensive introduction to the ways in which financial information is gathered, analyzed, and interpreted. Heely and Nersesian describe important accounting issues, such as currency exchange risks and hedging techniques, transfer pricing and its effects on taxation, the special problems associated with hyperinflationary economies, and other topics that are crucial to management decision making in international operations. Concrete examples and step-by-step explanations make the book readable and immediately useful, not only to experienced international managers but also to their corporate staffs as well. Teachers of international business methods and their students will also find the book useful.