Reasons For Accounting Diversity | International Accounting Course
Channel: Farhat Lectures. The # 1 CPA & Accounting Courses
Date: 2019-06-08

updated video : https://www.youtube.com/playlist?list=PLxP0KZzCGFYPI21T8CNzwo9-FDvKTo6DZ

✅For more visit: www.farhatlectures.com

#CPAEXAM #ACCA #accountingstudent


REASONS FOR ACCOUNTING DIVERSITY
Why do financial reporting practices differ across countries? Accounting scholars have hypothesized numerous influences on a country’s accounting system, including factors as varied as the nature of the political system, the stage of economic development, and the state of accounting education and research. A survey of the relevant literature identified the following five items as being commonly accepted as factors influencing the development of a country’s financial reporting practices: (1) legal system, (2) taxation, (3) providers of financing, (4) inflation, and (5) political and economic ties.5 In addition to economic and institutional determinants, national culture has long been considered a factor that affects the accounting system of a country.
My website: https://farhatlectures.com/
Facebook page: https://www.facebook.com/accountinglectures
LinkedIn: https://goo.gl/Pp2ter
Twitter: https://twitter.com/farhatlectures
Email Contact:  Mansour.farhat@gmail.com