Identify factors that would hinder the process of harmonization of

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.


(Must be between 300-350 words)



Reference book: Chapter 1


Intermediate accounting (7th ed.).


Spiceland, Sepe & Nelson.


McGraw-Hill Publishing.