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narrow or remove national accounting differences move non-US accounting standards towards US Generally Accepted Accounting Principles (US GAAP) create one set of rules-based accounting standards for all countries
To create one set of rules-based accounting standards for all countries
I agree with the answer given by Mark Angelo Damuag Internal Auditor
To narrow or remove national accounting differences
To create one set of rules-based accounting standards for all countries
bring about uniformity for world wide.compasrability.
>>>>>>>>>> narrow or remove national accounting differences
move non-US accounting standards towards US Generally Accepted Accounting Principles (US GAAP)
Aims to improve Financial Reporting for the benefit of investors and other users of financial information which will contribute to the flow of International Investment and also benefit a variety of stakeholders.
