Case Study: Ericsson

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Case Study: Ericsson

Introduction

Ericsson, a Swedish telecommunications firm established by Lars Magnus Ericsson, is one of the world's most impressive suppliers of cell phones and cell phones supplies and gives all the solutions, like applications to services, systems, and major innovation for the wireless communication. The company started in 1876 and quickly has its units in more than 140 countries and with an overall industry share of around35% worldwide. The Ericsson's headquarters are placed in Stockholm, Sweden (http://www.ericsson.com/).

Ericssion's Accounting Standards

Like all organization, Ericsson also follows some accounting standards and practices, which are influenced by some elements. The emulating ...