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Question 2 - International Accounting a. Why does diversity of accounting practices exist between countries? Should accounting systems be harmonised so that corporate annual reports
Question 2 - International Accounting a. Why does diversity of accounting practices exist between countries? Should accounting systems be harmonised so that corporate annual reports are more comparable? (10 marks) b. What is the likely effect on accounting systems if all countries 'adopted' international accounting standards? (10 marks)
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