The difference between international accounting and domestic accounting is that whereas one is international the other is local. The international Accountants must be certified by the international bodies while the local accounts must be certified by the local bodies.
Indian accounting standards are developed by Indian board and only applicable in India while international accounting standards are developed by International Accounting standard board and applicable to all countries.
Here is a link to a great paper by from the SEC , outlining the major differences in International Accounting Standards.
what is the difference between manual accounting and tally accounting?
International Financial Management is operating outside of the domestic boarding.
limits the different and diversity between the financial statements of entities.
International is say, overseas and domestic is in the same country but travelling to different states
There is a difference between international banking and domestic banking. International banking is banking among different countries. Domestic banking is banking among one country.
No. They are different countries, so it is international.
Indian accounting standards are developed by Indian board and only applicable in India while international accounting standards are developed by International Accounting standard board and applicable to all countries.
International law is limited to each country whereas domestic law is law within a country that is followed.
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The strategic management process in domestic operations focuses on businesses within the home country of the company. Since the international strategy has to consider different cultures, the strategy results in executing different objectives.
Domestic Airlines fly nationally (inside one country, such as New York City to Denver) and International Airlines fly internationally (from one country to a different one, often times overseas, such as New York City, USA to Frankfurt, Germany).
There are many differences between domestic and International marketing plans. The main difference is the boundaries whereby domestic marketing targets people within particular boundaries but international marketing plans target the whole world.
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