(Answered) Select any two of the international accounting standards

Accounting

Select any two of the International Accounting Standards presented this week and discuss how your MNC hands the two standards you selected. Post your response in this week's forum so that everyone can benefit from your posting and also provide their comments
There are six major reasons for accounting diversity throughout the world:

Legal systems
Taxation
Sources of financing
Inflation
Political and economic ties
Culture
Two additional factors to consider

Level of economic development

Education

Select which factor has exerted the greatest influence on the development of accounting (in general you are not focusing on a specific country) in your opinion and why. Again post your homework in this week's forum. Once everyone has submitted their response, I will post a summary of your opinions and also include my own along with previous author's opinions.

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