Briefly describe:
The advantages and disadvantages of harmonizing accounting standards were summarized in this weeks readings.
Expand on these advantages and disadvantages (Hint: You may wish to consult John N. Turner, "International Harmonization: A Professional Goal," Journal of Accountancy (January 1983): 58-59 and Richard Goeltz, "International Accounting Harmonization: The impossible (and Unnecessary?) Dream," Accounting Horizons (March 1991), 85-88)