Discuss four benefits of international standardisation

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You are an investor seeking an investment opportunity. You have obtained the financial statements of two separate, independent companies, each from a different country. You notice that there are some accounting differences between the two sets of financial statements, and are having some trouble comparing between the two.

Required (approximately 400 words):

In light of the above, list and briefly discuss four benefits of international standardisation of accounting standards.

 

Reference no: EM13491601

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