1. HARMONIZING FINANCIAL REPORTING STANDARDS GLOBALLY
Chapter 2
HARMONIZING FINANCIAL REPORTING STANDARDS GLOBALLY

2. Learning Objectives:
Recognize the arguments for and against harmonization.
Identify the pressures for and the obstacles to harmonization.

3. Learning Objectives:
Become familiar with the main organizations involved in harmonization.
Examine some previous harmonization efforts.
Compare harmonization approaches in EU and ASEAN.

4. Chapter Outline: Rationale for Harmonization
Pressures for Harmonization
Obstacles to Harmonization

5. Measuring Harmonization
Supranational Organizations Engaged in Accounting Harmonization
Other Harmonization Efforts

6. Current Evidence on Harmonization
Global
Regional
A Tale of Two Regions - Comparing ASEAN to EU