Article Abstract:
Australia plans to bring national accounting standards on par with international accounting standards established by the International Accounting Standards Committee (IASC). Critics argue that the attempt to achieve harmonization with international standards will not succeed because IASC standards may not be widely accepted. Another challenge to harmonization is that IASC standards that conflict with directives in the US and the European Union may not be applied.
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Article Abstract:
The accounting standards of China are not comparable to international accounting standards followed by many western nations. Different economic, political, cultural and social systems operate in China. Economic reforms in China during the first 10 years of the 21st century and an understanding of the differences in China could increase foreign investments in the region.
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Article Abstract:
Accountants who get advanced degrees can also advance their careers. The Consortium of Australian Management and Business Schools Limited introduced accelerated masters of business administration degrees for certified public accountants in 1995. There are scholarships available through professional organizations for individuals who meet specific criteria.
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