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Will there come about a global accounting profession involving inter country recognition and international probability of accounting qualifications or will country retain separate forms

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The topic for this assignment is given below, please take care with refrencing and use maximum journal articles. I need in-text citation on every paragraph or line, I need to know about every reference you are taking and using Referencing should be inAPA 6th Edition Word Limit: 2500 TOPIC: Will there come about a global accounting profession involving inter country recognition and international probability of accounting qualifications or will country retain separate forms of professional membership? Examine the problems involved citing differences existing at present...

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Question Preview:

The topic for this assignment is given below, please take care with refrencing and use maximum journal articles. I need in-text citation on every paragraph or line, I need to know about every reference you are taking and using Referencing should be inAPA 6th Edition Word Limit: 2500 TOPIC: Will there come about a global accounting profession involving inter country recognition and international probability of accounting qualifications or will country retain separate forms of professional membership? Examine the problems involved citing differences existing at present

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Will there come about a global accounting profession involving inter country recognition and international probability of accounting qualifications or will country retain separate forms of professional membership? Examine the problems involved citing differences existing at present.

In the world of accounting, one of the major qualitative characteristics of accounting information is ‘Comparability’. The comparability characteristic of accounting information focuses on the usefulness and enhancement of accounting information which can be compared with similar information for the same organization at different times, and for different organizations at the same time (Goethe, 2010). Comparability enhances the value of accounting information by enabling the users to discern and detect similarities and dissimilarities among different concerns as also in respect of the same concern overtime. Absoluteness of the information is not of much use, it is the comparability that lends itself to proper decision making. Whether one is doing well or not is not the enquiry; the enquiry should be whether one is better or more (or worse) than others or than in other periods. To achieve comparability, consistency and disclosure of accounting policies are necessary

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