Tag Archives | Harmonisation

Beneficiaries of Harmonization of Accounting Standards

The following points highlight the seven main beneficiaries of harmonisation of accounting standards. The beneficiaries are: 1. Growth in International Business 2. Globalization of Capital Markets 3. Investors 4. Multinational Companies 5. International Auditing Firms 6. Developing Countries 7. Other Interest Groups. Beneficiary # 1. Growth in International Business: The main stimuli for harmonisation comes […]

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