Wednesday, October 23, 2013

Accounting and Reporting Criteria for Boeing and Airbus

write up and Reporting Criteria for Boeing and AirbusEvery business conforms to accounting reporting criteria. In the U.S., companies notice the Financial Accounting Standards Board. Elsewhere, companies follow the International Accounting Standards Board. tour both of these boards use many another(prenominal) of the same principles, they lead many differences as well. With many companies now going global, the trouble translating these criteria is growing. Boeing and Airbus ar two such companies facing these problems. This report give plow the two companies, the accounting criteria of both, and the steps being make to a joint board and set of standards. Boeing and AirbusAt the end of the twentieth century, cardinal companies that manufactured passenger planes, helicopters, warbirds and missiles, satellites and spacecraft, merged to become mavin wiz enterprise- Boeing. Today, Boeing is the origination?s leading aerospace company and whiz of the extensivest manufacturers of mercenary message jet problemrs. Headquartered in Chicago, the company?s everyplace 160,000 employees reside all told across the U.S. and 70 foreign countries. These employees flirt peerless of the just about diverse, talented, and innovative workforces in the world. Boeing has been a premier manufacturer of commercial jetliners for over 40 years. The chief(prenominal) commercial products for Boeing are the 737, 747, 767, 777, and the Boeing business concern Jet. New products in development include the 787 Dreamliner and the 747-8.
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Boeing yielded revenue of $66.4 million for 2007 (Boeing, 2008). Today, Airbus is one of the world?s two leading manufacturers of aircraft. establi sh in France, Airbus manufactures one out of! every two planer establishs that have more(prenominal) than 100 seats. Employing 57,000 people, Airbus is renowned for their efficiency, innovation, economy, and safety. The aircraft manufacturer has a product line that includes 14 different airplane models. These models soak up as small as the 100-seat single-aisle plane, and can get as large as the new... If you want to get a all-inclusive essay, order it on our website: OrderEssay.net

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