Advanced Accounting
Advanced Accounting
12th Edition
ISBN: 9781305084858
Author: Paul M. Fischer, William J. Tayler, Rita H. Cheng
Publisher: Cengage Learning
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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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