International communication within a financial solution company
This is an article about investigating intercultural communication within a financial company, exploring the overall cultural diversity within the compa-ny.
The MTPD fosters awareness about national identity, as a cohesive whole, provides contexts and the impact these have on one’s role in the society. For example, the functioning of marginalized communities. We are educating students, addressing cultural differences, making clear that we share universal rights and dignity no matter where we are from, by emphasizing that one cannot explain away injustices by cultural relativism.
This is an article about investigating intercultural communication within a financial company, exploring the overall cultural diversity within the compa-ny.
This research is conducted as a group assignment written by four students from the Amsterdam University of Applied Sciences, enrolled in the courses Business Administration and International Business.
This research is conducted as a group assignment written by four students studying at the Amsterdam University of Applied Sciences, Kozminski University and Tecnológico de Monterrey enrolled in the courses International Business, Business Administration, Financial Management, and Marketing.
The company is a US based real estate firm that is offshoring its lease abstraction to Hungary, Budapest.
The countries where they deploy their activities concerning asset management for real estate are Belgium, Germany, United Kingdom, Czech and of course the Netherlands. Within This company there are also four languages which are spoken: English, Dutch, German and Czech. The top of the hierarchy is obligated to master at least three languages. In general, they communicate in English. These languages function for internal communication and also for external communication since we have international clients.
Forensic accounting is a procedure performed by auditors, where they conduct an examination on accounting practices, that investigate fraudulent actions. Through this examination, fraud and embezzlement are addressed. The auditor then must determine where the questionable financing has been allocated, by asking the entity to explain the nature of a financial transaction in court.
Transnational companies have a responsibility to adapt their corporate culture as well as their services to countries they operate within. To function worldwide a strategic approach has to be taken to expand the geographical presence of the business while maintaining the trust of the clients and providing high quality services. In some cases, having offices in various markets is necessary because it provides more trust from potential customers towards the company.
Four international students are interviewing the father of one of the students, who is the CEO of the Central and Eastern European division of one of the biggest international accounting companies in the world, in order to gain insight on potential corporate cultural issues for a project. Two of the students study in Poland and the other two in The Netherlands. The CEO comes from Poland – a country with a very high level of uncertainty avoidance and a large power distance.
Ensuring a cultural understanding that goes beyond foundational and general knowledge in order to prevent miscommunication and negative outcomes in cross-cultural interactions.
Accounting is not only based on methodologies, numbers and financial statements. It is far more than this because it holds to basic rules and standards to preserve the professions purpose. But it also shaped by a variety of internal and external factors. The practice in accounting actually signifies and symbolized the culture in which it is performed.
Be the first to hear about upcoming classes, special events, and course registrations.
© 2021 - The Model To Practice Dialogues™ - All Rights Reserved