Harmonization of accounts: The word harmonization literally means to coordinate or to organize. Harmonization of accounting standards aims at coming up with a consistent accounting standards which will improve the comparability of financial facts. : US Accounting profession can affect process of Harmonization.

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Chapter 9, Problem 3.3E

To determine

Harmonization of accounts:

The word harmonization literally means to coordinate or to organize. Harmonization of accounting standards aims at coming up with a consistent accounting standards which will improve the comparability of financial facts.

:

US Accounting profession can affect process of Harmonization.

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