The Harmonization of World Accounting Standards Is Viewed by Many

question 9

Essay

The harmonization of world accounting standards is viewed by many accountants,analysts,standard setters,and others as being among the most important issues facing business throughout the world.Advocates of harmonization seek to establish a common set of international accounting and reporting standards.Such a task has proven formidable,however.
Identify factors that would hinder the process of harmonization of accounting standards.

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Definitions:

Achievement Motivation Research

Investigates the drive or motivation individuals have to attain success and excellence in their endeavors, focusing on the psychological and sociocultural factors that influence achievement.

Different Definitions

The existence of multiple meanings for a word or term, often depending on context or disciplinary perspective.

Equated

Considered as equivalent or comparable in value, significance, or effect.

Motherhood

The state or experience of having and raising a child.