Definition: Balance Sheet Approach

Term: Balance Sheet Approach

Definition:An accounting term that describes a situation where debits and credits must match. The balance sheet approach is used to set expatriate compensation. There the goal is to protect or equalize an expatriate's purchasing power while on assignment abroad. Its primary objective is to ensure equity among expatriates and their home or base country peers.

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Course	Page Number
92 - Expatriate Compensation	16

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Balance Sheet Approach