What might explain the fact that different accounting standard-setters have developed accounting standards that are sometimes quite different in nature?

Chapter 1, IFRS Exercises #2
What might explain the fact that different accounting standard-setters have developed accounting standards that are sometimes quite different in nature?

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Financial Accounting Tools for business decision making

6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

ISBN: 978-0470534779