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In considering the relevance of IFRS to developing countries, Chand and White (2007, p. 606) state: While the forces of globalisation and convergence are moving
In considering the relevance of IFRS to developing countries, Chand and White (2007, p. 606) state: While the forces of globalisation and convergence are moving accounting practices towards a unified, or at least harmonised regulatory framework for financial reporting, this is unlikely to best serve the diverse interests of the disparate user groups of financial reports. Explain the reasons behind Chand and Whites claim.
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