Main themes and concepts from Finance

1. International tax rates

1.1. Tax rates & MNC

1.1.1. Transfer pricing

1.1.2. The arm’s-length principle

1.1.2.1. Transfer mis-pricing

1.1.2.1.1. Unitary taxation

1.2. Business Exchange rate

1.3. Foreign exchange market

2. The International Accounting StandThe ards Board (IASB)

3. Exchange rate issues for business

3.1. Assets

3.2. Profits

3.3. Exchange rates

4. Multinationals (MNCs)

5. PriceWaterhouseCoopers (PwC)

6. International Financial Reporting

6.1. Jurisdictions

6.2. Rules

7. International financial institutions

7.1. International Monetary Fund (IMF)

7.1.1. Balance of payments

7.1.1.1. Records all transactions made between countries

7.1.1.1.1. Current account

7.1.1.1.2. Capital account

7.1.1.1.3. Financial account

7.1.2. Global imbalances

7.1.2.1. inflows and outflows of capital cancelled by each other

7.1.3. Foreign direct investments (FDIs)

7.1.3.1. Cross border investment

7.1.4. Portfolio Investments

7.1.4.1. financial assets are bought and sold

7.2. The World Bank