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What is meant by the term harmonize

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Question: Some accountants are seeking to harmonize international accounting standards. What is meant by the term harmonize? How might harmonization result in better financial reporting for a U.S. parent company with many foreign investments? Be sure to discuss what ethical concerns might exist in this process. Be sure to note your source and in-text citation in APA format and cite any corresponding FASB code.

Reference no: EM131827053

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