The Main Benefits of International Harmonisation Are Said to Include

Multiple Choice

The main benefits of international harmonisation are said to include:

A) Increasing the comparability of financial reports prepared in different countries so that capital ultimately flows to entities that can use it the most productively.
B) Reducing the financial reporting costs for Australian multinational companies.
C) Removing barriers to international capital flows by reducing differences in financial reporting requirements and so increasing understanding by foreign investors of Australian reports.
D) Facilitating more meaningful comparisons of the financial performance and position of Australian and foreign public sector reporting entities.
E) All of the given answers.