Global Auditing and Accounting Confusion
The article discusses about the accounting and audit standards in the United States, which is different from one country to another due to business practices, fiscal systems and the law regulating a company. The International Federation of Accountants and the International Accounting Standards Committee aimed to a have a consistency of audit and accounting standards around the world, although these diversities can easily identify a company's national origin and as a basis of the financial statements presentation.
McAllister, John P., Larry L. Orsini, and John D. Gould. "Global Auditing and Accounting Confusion." Journal of Accountancy 184.3 (1997): 89-91. Print.