ABSTRACT: THE CHALLENGES OF HARMONIZATION OF INTERNATIONAL ACCOUNTING STANDARDS
This research investigates the challenges of harmonizing international accounting standards, aiming to (1) identify the key obstacles to the harmonization of accounting standards globally, (2) evaluate the impact of divergent accounting standards on international financial reporting, and (3) assess the strategies employed to achieve standardization. A survey design was utilized to collect data from a large sample, with a sample size of 387 respondents determined using Taro Yamane’s formula, ensuring a 95% confidence level and a 5% margin of error. The study was conducted in Lagos, due to its significant international business activities. The survey achieved a reliability coefficient score of 0.90. Findings reveal that cultural differences, varying legal systems, and economic disparities pose significant challenges to harmonizing accounting standards. The study recommends the establishment of a global regulatory body to oversee the implementation of international standards and the promotion of collaborative efforts among countries to achieve harmonization.
Background of the Study
The hospitality industry, particularly small hotels, plays a crucial role in the economic development of regions...
Chapter One: Introduction
Chapter One: Introduction
1.1 Background of the Study
The protection of children’s rights...
ABSTRACT
The study was designed to determine the impact of home delivery on pregnant females of Sabon Gari Kaduna South...
Background of the Study
Non-communicable diseases (NCDs), such as diabetes, hypertension, and cardiovascular diseases, have emerged as si...
Chapter One: Introduction
Abstract
The primary objective of this study is to examine how television plays a role in promoting agricultural develop...
ABSTRACT: Innovations in Assessing Career Readiness in Vocational Students explores new approaches to evaluating students' readiness for the wo...
Background of the Study
Financial institutions play a pivotal role in the development of capital markets by mobilizing s...