The changing world of international accounting and auditing.

From: Internal Auditor | Date: April 1, 1994| Author: Roussey, Robert S. | Copyright information

The increasing globalization of economic development and the growth in cross-border financing call for accounting standards that are harmonized at both the international and the national levels. A common body of standards for preparing and auditing financial statements that apply internationally will increase the comparability of the financial positions and results of operations and cash flows of companies based in different parts of the world. The International Federation of Accountants, the...

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