| |Taiwan |
TABLE OF CONTENTS
Abstract
Background
Business surround
Legal environment
Capital market
explanation regulations
Tax laws, issues and opportunities
Internal control and auditing environment
Accountants credentials
IASB harmonisation and IFRS adoption
Abstract
This report focuses on Asian II region (mainland china, northwest Korea and Taiwan) and gives an over pot of the regions countries business and accounting profile. The report begins with a brief look at each country in the region followed by a review of the business environment in terms of types of business, telephone exchange banks responsibilities and the telephone circuit market.
The report also describes the legal environment, accounting regulations, tax laws issues and opportunities, congenital control and auditing environment, accountants credentials and finally the IASB harmonisation and IFRS adoption.
THE ACCOUNTING PROFILE OF TAIWAN
Taiwan Background
The Republic of China (ROC) normally known as Taiwan is located in due east Asia off the coast of China. The capital of Taiwan
is Taipei City which is the central city. Taiwan as a country has been through both Japanese and Chinese control although it claims sovereignty, an issue that has not been conclusive. China regards Taiwan as a province of China darn Taiwan insists that it is a sovereign state independent of China although the political situation does not rule out eventual(prenominal) unification with China. Some countries including the UK share Chinas view and as a result have no diplomatic relations with Taiwan.
In 2008 Ma Ying-jeou won the presidential choice by a substantial majority and became Taiwans...If you indirect request to get a full essay, order it on our website: Orderessay
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