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The advantages and disadvantages of harmonizing accountingBriefly explain:The advantages and disadvantages of harmonizing accounting standards
were summarized in this weeks readings.
Expand on these advantages and disadvantages (Hint: You may
wish to consult John N. Turner, “International Harmonization: A
Professional Goal,” Journal of Accountancy (January 1983): 58-59 and
Richard Goeltz, “International Accounting Harmonization: The impossible
(and Unnecessary?) Dream,” Accounting Horizons (March 1991), 85-88)