This book presents the most current trends in the field of finance and accounting from an
international perspective. Featuring contributions presented at the 17th Annual Conference on
Finance and Accounting at the University of Economics in Prague this title provides a mix of
research methods used to uncover the hidden consequences of accounting convergence in the
private (IFRS) and public sectors (IPSAS). Topics covered include international taxation (from
both the micro- and macroeconomic level) international investment monetary economics risk
management management accounting auditing investment capital corporate finance and banking
among others. The global business environment shapes the international financial flows of
finance and the demand for international harmonization of accounting. As such the field of
global finance and accounting has encountered some new challenges. For example policy-makers
and regulators are forced to restructure their tools to tackle with new features of trading at
global capital markets and international investment. This book complements this global view of
development with country-specific studies focusing on emerging and transitioning economies
which are affected indirectly and in unforeseen ways. The combination of global perspective and
local specifics makes this volume attractive and useful to academics researchers regulators
and policy-makers in the field of finance and accounting.