Given the differences between different nations' accounting and reporting practices, international investors must often use financial data that are not comparable"

(Choi and Levich, 1991).

Required:

1. Critically evaluate published research to explain whether and how international accounting diversity affects market participants.

(b) Explain the investment strategies that investors can adopt to cope with accounting diversity?

(c)Explain the reporting strategies that companies can adopt to reduce accounting diversity?

Answer rating: 100% (QA)

a The Impact of International Accounting Diversity on Market Participants International accounting diversity refers to the differences in accounting and reporting practices across countries These diff... View the full answer