Module 10: ASEAN Finance and Accounting

Introduction

Source: http://seriouslymen.com/the-smart-way-to-investment-stock-market/ retrieved 4/7/2014

 

Any mention of finance or accounting usually brings numbers to mind. Most people are quite good when it comes to dealing with money, but might find doing so in English a bit more of a challenge.


When it comes to finance and accounting in the world of the ASEAN professional the matter is a lot more complex. Finance and accounting rules are usually very strict, but as international trade and investment has become more and more common around the world the rules and practices may have a little more in common even though the countries might be far apart. Resource 1 gives more information about international auditing and standards.
The language of the financial world is often very complex, and can be very baffling for those outside the accounting fields. Professionals wishing to get involved in their trade across the borders of the ASEAN Economic Community will need to study hard to be able to compete on an even platform regarding finance. Resource 2 is an extensive glossary of financial terms and their meanings.