Accountancy, asked by kaur6075o, 8 months ago

Distinguish between standardisation and harmonisation?​

Answers

Answered by kartiksharma0711
4

Answer:

ABSTRACT The main difference between harmonization and standardization processes lies in the degree of strictness of the accounting standards. Harmonization involves a reduction in accounting variations, while standardization entails moving towards the eradication of any variation.

Answered by praseenasasi
0

Answer:

ABSTRACT The main difference between harmonization and standardization processes lies in the degree of strictness of the accounting standards. Harmonization involves a reduction in accounting variations, while standardization entails moving towards the eradication of any variation.

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