Explain Accounting Harmonization

Principle objective of this article is to Explain on Accounting Harmonization. Global Accounting Harmonization analyzes the actual differences between national accounting rules and international accounting methods, showing that when businesses adopt international accounting standards they achieve significantly higher positive coefficients balanced with firms that only accept local accounting strategies. Some great benefits of harmonization include providing assessment of financial statements across international companies and nations. This provides many benefits on the companies operating and the actual countries that adopt the actual standardized rules.