What does harmonization of accounting standards mean and


1. How did Gray extend Hofstede’s cultural dimensions to the values of the accounting subculture?

2. What does harmonization of accounting standards mean, and what are the two aspects of harmonization?

3.Identify the following organizations and describe the role each plays in the drive toward harmonization:

(1) The IASC

(2) The EU

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Finance Basics: What does harmonization of accounting standards mean and
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