- 6 Marks
FR – May 2017 – L2 – Q5c – Corporate Reporting and Compliance
Identify the advantages and disadvantages of international harmonisation of accounting standards for multinational companies.
Question
Generally, there are advantages of global harmonisation of financial reporting standards to countries around the world, including Ghana.
Required:
Identify THREE advantages and THREE disadvantages of international harmonisation of accounting standards to multinational companies operating in Ghana.
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