Discussion Post: International Accounting
Five factors are often mentioned as affecting a country's accounting practices: (i) legal system, (ii) taxation, (iii) providers of financing, (iv) inflation, and (v) political and economic ties.
Task:
Consider your home country. Identify which of these factors has had the strongest influence on the development of accounting in your country. Provide specific examples to support your position.
The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.