General Motors and Japanese Convergence vs. Chinese Convergence
General Motors Corp. is the worlds largest automaker and has led the auto industry worldwide in sales since 1938. GM employs over 324,000 people worldwide, with manufacturing operations in 32 countries and sales operations in 200 countries.
GM operates its own facilities worldwide, but it also has global partners in Italy, Japan, South Korea, Germany, France, and China. In Japan, its global partners are Fuji Heavy Industries Ltd., Isuzu Motors Ltd. and Suzuki Motor Corporation. In China, it has a vehicle manufacturing venture with Shanghai Automotive Industry Corp.
In your submissions use APA guidelines and references where appropriate. Include your name on your submissions with page numbers.
A major challenge that GM faces in both Japan and China is that both have financial reporting and measurement practices that differ from both U.S. GAAP and IFRS issued by the IASB. Assume you have just been hired by GM as an intern, and your first assignment is to research the convergence of Chinas financial reporting standards with U.S. or IAS GAAP since 1999. Compare Chinas historical path of convergence with Japans over the same period of time. What societal values and economic goals have caused the two Asian countries to develop different financial reporting standards? What societal values and economic goals have caused the two Asian countries to develop similar financial reporting standards?
Calculate the price of your order
The price is based on these factors:
- Free title page and bibliography
- Unlimited revisions
- Plagiarism-free guarantee
- Money-back guarantee
- 24/7 support
- Writer’s samples
- Part-by-part delivery
- Overnight delivery
- Copies of used sources
- Expert Proofreading
- 275 words per page
- 12 pt Arial/Times New Roman
- Double line spacing
- Any citation style (APA, MLA, Chicago/Turabian, Harvard)
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
- Assignment status: Already Solved By Our Experts
- (USA, AUS, UK & CA PhD. Writers)
- CLICK HERE TO GET A PROFESSIONAL WRITER TO WORK ON THIS PAPER AND OTHER SIMILAR PAPERS, GET A NON PLAGIARIZED PAPER FROM OUR EXPERTS