There can be no doubt that this is a successful book. It was first published in 1981 and has been very significantly developed over 19 years and 6 editions. It is produced and marketed in a manner which indicates that it has significant world sales. It has the relatively unusual distinction of having created the subject and the courses which are likely to use it, and therefore to have created its own market. Other challenges, or at least questions, also exist.
International accounting is a rapidly developing field now, as is internationalism in accounting.
The title of the volume under review suggests that this book is not strictly about either international accounting or about internationalism in accounting. It is about comparative international accounting. The point can be put simply. Internationalism and harmonization imply, in the extreme, no differences. Comparison requires that differences exist in order to have something meaningful to compare.