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Does The Achievement Of International Accounting Harmonization Have A Long Way To Go.Doc

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Issue:

Business

 

Written by:

Samantha K

 

Date added:

September 1, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

12 / 3239

 

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3926 times

 

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Essay content:

As a result of these problems, harmonization of the international accounting standards will not be a dream any more. In 1973, Canada, Japan, Australia, France, Germany, UK, Mexico, Ireland, the Netherlands and the US created the International Accounting Standards Committee (IASC) for the purpose of developing international accounting standards (Payne & Ranagan, 2008, p...
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International Accounting Standard Board was established by the IASC in 2001, in order to create the best accounting standards to be implemented by all countries in the world (Fajardo, 2007, p.59). Every country is trying to make as much effort as they can in this global issue. However whether this global economic bridge can be built up smoothly and quickly is an issue which should be considered, because of the adoption of International Accounting Standards is not compulsory...
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General issues of this essay:
Accounting Standards Accounting Standards Accounting standards Advantages and disadvantages of historical cost accounting, alternatives to historical cost accounting Does The Achievement Of International Accounting Harmonization Have A Long Way To Go.Doc History and development of accounting standards How would International Financial Reporting Standards affect the quality of Canadian accounting information? harmonization of accounting standards THE NEW ACCOUNTING STANDARDS IMPLEMENTATION IN AUSTRALIA The Process towards Global Accounting Standards Universal Accounting Standards uk and us accounting standards Accounting standards International Accounting Standards Board Accounting And Reporting Standards For The Federal Government
 

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