As noted in the chapter, diversity in accounting practice across countries generates problems for a number of

Question:

As noted in the chapter, diversity in accounting practice across countries generates problems for a number of different groups.

Required:
Answer the following questions and provide explanations for your answers.
a. Which is the greatest problem arising from worldwide accounting diversity?
b. Which group is most affected by worldwide accounting diversity?
c. Which group can most easily deal with the problems associated with accounting diversity?