Template for Bachelor thesis in International Business

UniversityXXX

FacultyXXXX
Diploma/Bachelor/Master Thesis
of XXX first namesurname XXX
for obtainment

of the degree of XXX

in the degree course

XXXX

Topic:

XXX Title XXX

– Subtitle –

First supervisor: XXX Prof. Dr. Muster XXX

Second supervisor: XXX XXX
Handed in: XXX-month 20XX

List of Figures iii

Abstract iv

1Introduction v

1.1Problem Statement vii

1.2Research Question viii

1.3Research Objectives viii

1.4Research Methodology ix

1.5Research Framework ix

2Accounting Standards - Comparison and Importance xi

2.1Historical Cost Accounting System xiii

2.1.1Impact on Financial Statements xiv

2.1.2Benefits of Historical Cost Method xvi

2.2Fair Value Accounting Method xvi

2.2.1Fair Value Hierarchy & Standards xviii

2.2.2Impact on Financial Statements xix

2.2.3Benefits of Fair Value Accounting xxi

3Current Dilemma of Fair Value Accounting xxiii

3.1Fair Value Accounting has Limited Reliability. xxiii

3.2Intrinsic Valuation to Relative Valuation xxiv

3.3Higher Earnings & Cash Flows Volatility xxvi

3.4Lost Management Performance and Volatile Financial Ratios xxix

3.5Pro-Cyclicity and Problem of Goodwill Recognition xxx

3.6Increased Asset Price Volatility xxxi

3.7Fair Value Accounting and Impact on Liabilities xxxi

3.8Impact of Fair Value Accounting on Pensions xxxii

3.9 What lies ahead for Fair Value – Future Challenges xxxii

3.10Recommendations xxxiii

4 Discussion & Conclusion xxxv

5Statutory Declaration xxxix