Differences in Accounting Systems across Countries

Accounting is a form of financial reporting that details the figures of resources owned by any individual or business entity in a systematic manner for future, reference, planning, budgeting, auditing or as a matter of conformity where laws dictate that such accounting should be carried out. This is a practice carried out by virtually all organizations, by accounting professionals (Riahi-Belhaoui, 2004).

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• Category: Education
• Tags: accounting, across, countries, differences, systems