IASB, IFAC, and IMF have encouraged governments to harmonize government and private-sector accounting standards. The first sentence of this Economist article is not entirely true in the US, but I acknowledge that governments play games. I, like the article says, will not hold my breath waiting for this suggestion to happen.
http://www.economist.com/node/21552221
The IMF Staff paper mentioned in the article and linked is of interest. When looking at many governments across the globe, there is great variety, that I will admit. http://www.imf.org/external/pubs/ft/sdn/2012/sdn1202.pdf
Showing posts with label harmonize. Show all posts
Showing posts with label harmonize. Show all posts
Monday, April 9, 2012
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