The Need For Harmonising Accounting Standards.

Title: The Need For Harmonising Accounting Standards.
Category: /Business & Economy
Details: Words: 1842 | Pages: 7 (approximately 235 words/page)
The Need For Harmonising Accounting Standards.
International capital markets demand financial statements that can be readily understood and compared irrespective of the country of origin of the companies concerned. Investors and their advisers, and financial analysts want financial statements that are comparable from country to country so that they can compare the financial statements of enterprises in various cities. Instead, they are often confused and even overwhelmed by the diversity of different national reporting requirements. Several reasons exist for why there …showed first 75 words of 1842 total…
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…showed last 75 words of 1842 total…COMMISSIONS (2004) General Information On IOSCO [Online] available at http://www.iosco.org/about/ (accessed 20 April 2004). IQBAL, M., MELCHER, T. & ELMALLAH, M. (1997) International Accounting: A Global Perspective Ohio: South-western College Publication. NOBES, C. & PARKER, R. (2004) Comparative International Accounting 8th ed. Harlow: Financial Times Prentice Hall. PALAT, R. (1999) Understanding Ratios London: Hogan. REES, B. (1995) Financial Analysis 2nd ed. Harlow: Financial Times Prentice Hall. WALSH, C. (1996) Key Management Ratios Harlow: Financial Times Prentice Hall.

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