International Accounting Standards Help Investors Make Economic Decisions
Mondaq Business Briefing › United States Law Articles in English (2004)
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International Accounting Standards Help Investors Make Economic Decisions
In recent years, the European Commission (EC) regarded harmonization as a vital element in order to meet the growing need for transparent corporate accounts and the need to compare financial statements thus streamlining the development and efficiency of European financial markets. The principle at the base of the harmonization process is convergence and transparent financial information at an international level. The EC wants to en...
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