Welcome Guest Sign in or Signup


Advantages of international harmonization of accounting standard for investors and potentials investors

What are the advantages of international harmonization of accounting standard for invsetors and potentials investors?

Asked by: 648 days ago - 1 Answers - 2663 views

1 Answers


  1. 0
    Votes

    Thumb up 0 Votes Thumb down 0 Votes

    The primary advantage of harmonizing accounting standard is that investors can compare various companies regardless of where they are located on the same basis, e.g., apple to apple comparison. With the different accounting rules that are in place today, it makes it very difficult to determine if company A is better than company B, or vise versa.

    Answer by pinyo 648 days ago


Your Answer