In today’s global marketplace, business is conducted on every continent, in different currencies and in many languages : If accounting standards differ by country – and some do – what are your thoughts about how the phrase could still be true?

If accounting standards differ by country – and some do – what are your thoughts about how the phrase could still be true?

Your original post must be at least 200 words in length. It must reference the text or course learning materials at least once. Please note that even if the question asks for an opinion, you are still expected to support opinions with references to course materials and any other credible academic sources to support your opinions. Do not use Internet sources other than those provided in the course materials. APA format is not necessary for your Discussion Board when citing references, but you are required to acknowledge your resources: In the narrative, describe where information was obtained. For example, “As mentioned in Chapter 2 of the course textbook, prioritizing tasks is…” or “As mentioned in the intellipath lesson for Unit 2…”

Your two response posts must be at least 75 words in length. Responses should contribute to the conversation by being reflective, specific, and engaging. Quick responses (such as “I agree” or “Thank you!”) will not be counted as adequate.

Your first contribution must be posted before midnight CST (Central time) on Friday of each week. You must make 2 additional posts—on separate days between Saturday and Tuesday—before midnight CST. The original response and the peer responses can be completed in any order.

For assistance in supporting your assignment, please use your text and all course materials.

Assignment Details

This assignment has 3 parts:

In today’s global marketplace, business is conducted on every continent, in different currencies and in many languages. Even so, it is often said that accounting is the language of business.

  1. When there are so many other options, why do you suppose accounting would be considered the language of business?
  2. If accounting standards differ by country – and some do – what are your thoughts about how the phrase could still be true?
  3. Thinking about your experience as a consumer, share an example of how accounting could be considered a language of business.
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