Question: 1) what does accounting harmonization mean? differentiate harmonization from convergence or adoption? 2) explain the benefits of globaladoption of IFRSs? 4) countries that rely on

1) what does accounting harmonization mean? differentiate harmonization from convergence or adoption?

2) explain the benefits of globaladoption of IFRSs?

4) countries that rely on capital markets for finance, as opposed to banks and governments, are likely to expect greater levels of public disclosure in their accounting system. evaluate this argument and provide examples?

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