Accounting Harmonization Between Uniformity and Diversity
The internationalization of economy as a result of business globalization and the ongoing development of
international cooperation have led to the globalization of financial markets, which has forced the convergence of accounting
systems and implicitly generated a universal accounting language. The process of globalization has a significant impact on
accounting diversity that tends to diminish, leaving room for uniformity in terms of respecting the cultural, ethical and
traditional values of each state. Current accounting regulations at international level are aimed at harmonization, convergence
and compliance. The need for harmonization and uniformity in accounting implies the establishment of norms and rules, i.e.
the normalization of it. Therefore, objectives, concepts, rules, methods and procedures for obtaining and using
financial-accounting information are set and regulated. In this context, the relationship between uniformity and diversity in
the international accounting harmonization process needs to be carefully considered, it is necessary to know the opinion of
specialists about their perception of the impact of accounting harmonization on uniformity and diversity Diversity in itself
must not encourage resistance to change; the process of harmonization once started will certainly continue, and it is necessary
to understand what will be preserved from what we call accounting diversity and how will accounting reasoning, alternative
accounting treatments or creativity specific to the accounting profession adapt to the new conditions.
Index Terms - Accounting harmonization, accounting normalization, diversity, international accounting standards,