harmonization in accounting standard Free Essay, Term Paper and Book Report
ACCOUNTING HARMONIZATION
There is unanimous agreement on the need for an international accounting
harmonization process. It is dif. cult to explain to any user of . nancial information
that the . nancial situation of a company or its results are different in one
country or another due to the various accounting regulations.
In 1995, this need gave rise to the agreement between the International
Organization of Securities Commissions (IOSCO) and the International Accounting
Standards Committee (IASC) to develop a comprehensive, high quality set of
internationally recognized accounting standards. As a result, in 2000 the IASC
. nalized the core regulatory body comprising thirty-. ve IAS (International
Accounting Standards) and their related interpretations. These regulations
reduced the various accounting options considered to be admissible so as to
achieve the greatest harmonization possible in their application, and they include
the obligation to disclose information in the . nancial statements on the option
chosen whenever said option is not the recommended one.
Th......
Word Count: 2088
Page Count: 8.3 (250 words a page / double spaced)
View This Essay Now $19.99 (or $12.99 for membership)
What is Your Time Worth?
Get INSTANT UNLIMITED ACCESS to this paper and 15,000 other essays and term papers!
|
|
Search for other harmonization in accounting standard essays, term papers and book reports.
Other Free Essays, Term Papers and Book Reports:
We have the best book reports, essays and term papers on harmonization in accounting standard. For the cost of a pizza and some beer let us help you make your job of writing your paper easier. It's that simple.
|
|
Dear Free Essays:
Thanks for helping me with my term paper!
With so many essays and term papers on your service, I got a few ideas from mixing and matching and managed to write a great paper in 1/10 the time. My teacher thought so too because I got an A grade. Thank you so much!
Julia B.
Denver, Colorado
|
I'm very pleased with the quality of your term papers and essays. For all the time and worrying your service saved me from, it was well worth the $12.99.
Brandon W.
Columbus, Ohio
|
I totally waited to the last minute to work on my term paper and really started to freak. But your site totally came to my rescue and helped me out of a bind. I scored an 94 and was very pleased. Thank you!
Greg F.
UC San Diego
|
|