Present 2 arguments for and 2 arguments against the movement toward harmonization. Which arguments do you support...

Present 2 arguments for and 2 arguments against the movement toward harmonization. Which arguments do you support and why? You must use your own critical ideas (supported by authoritative reference sources) to support your position.

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What arguments are there against the process of international harmonization of accounting?

There is an irreversible movement toward the harmonization of financial reporting throughout the world. The international capital markets require an end to:

Financial Reporting CaseIFRS1-5 The following comments were made at an Annual Conference of the Financial Executives Institute (FEI).There is an irreversible movement toward the harmonization of financial reporting throughout the world. The international capital markets require an end to:1.The confusion caused by international companies announcing different results depending on the set of accounting standards applied.2.Companies in some countries obtaining unfair commercial advantages from the use of particular national accounting standards.3.The complications in negotiating commercial arrangements for international joint ventures caused...

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Present 2 arguments for and 2 arguments against the movement toward harmonization. Which arguments do you support...

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