Running Head: SELECTING ACCOUNTING STANDRDS IN A NEW COUNTRYSelecting accounting standards in a new countryFirstname LastnameInstitutional Affiliations1SELECTING ACCOUNTING STANDRDS IN A NEW COUNTRYSelecting accounting standards in a new countryAs a young nation Mazoa has to make a decision on the most workable solution betweenthe IFRS and its own standards. First, I wish to mention the factors that can assist me help thecountry make a decision. First, globalization trends affect the decision in the sense that theinvestors the country is really wishing to attract into their territories need something that willmatch their other businesses, for instance in multinationals. Secondly, political stability willaffect the decision in the sense that the country is new, and as expected, the constitution is alsonew and may be affected by political whirlwinds. Thirdly, comparabilit ...
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