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The book explores various aspects of international consolidated financial statements, starting with foundational issues and the objectives of international accounting. It delves into the relevance of the topic and outlines the methodology used throughout the work. The first chapter addresses the problem statement, the goals of international consolidation, and terminological clarifications. Subsequent chapters tackle specific problem areas, including the challenges of achieving homogeneity and uniformity in valuation and measurement of consolidated success. The discussion progresses to the relationship between revaluation and conversion, examining literature on these topics and the implications of currency fluctuations. The work further investigates revaluation issues, including constraints imposed by the principle of relevance and the methods used for revaluation. It also critiques traditional conversion methods and introduces the "new spot rate method," addressing its challenges and the need for inflation adjustments. Additional chapters focus on problems arising from differing reporting periods, the delineation of the consolidation scope, and the development of multinational transaction currencies. The legal framework surrounding these issues is also scrutinized, culminating in a summary that encapsulates the foundational concepts, problem areas, and proposed solutions for effective international accounting practices.