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In today's unpredictable stock markets, it is extremely important for investors to expand investments to minimize risk and earn reasonable returns on funds. The diversification does not have to be restricted to domestic companies because of opportunities available in foreign markets. On the other hand, securities analysis becomes more complex because of supplementary variables such as foreign exchange risk, political, economic, cultural diversities, etc. that need to be taken into deliberation in making investment judgment. A significant variable in the analysis of foreign securities is various accounting standards. The accounting standard of United States (US) and United Kingdom (UK) and identifies the major differences that materially impact the Tangible Assets, Goodwill, Inventory, Auditing, and financial statements. The study is helpful in evaluating the financial statements of UK companies and comparing them with US financial statements.

U.K was one of the initial and......

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Approximate Word Count: 3568
Approximate Pages: 15 (250 words per double-spaced page)

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