The theory that I shall seek to elaborate here puts considerable emphasis on the emerging discourse of European private law, the interdependence of rules of private international law and civil procedure, the harmonization
of private international law, and the important global framework for conventions in the area of private international law.
The third phase of accounting standards development was characterized by the increasing demand of more transparent and comparable financial reporting in response to economic reforms and market deregulation, resulted in the enactment of the 1984 Indonesian Accounting Standards that were upgraded in term of eliminating harmonization
time lag with US GAAP and widening the scope of the standards in order to reflect progress in the US GAAP.
This statement can be taken as the explanation for existing tax controversies: tax harmonization
between nations versus the freedom to engage in unlimited tax competition.
of financial accounting is implemented through the IAS/IFRS and Generally Accepted Accounting Principles (U.S.
of general GAP standards/audits must be transparent with open communication of intent, progress and conclusions.
From its first meeting in April 1996 until its approval of the final draft in May 1999, the Harmonization
Committee worked with more than 20 trade associations and more than 30 corporations to jointly draft commodity-specific model regulations that were acceptable to all involved parties.
Two significant changes are the expansion and simplification of sight-reading examples along with additional harmonization
exercises, with an emphasis on more commonly used keys.
Next Steps in National Harmonization
of Securities Rules--Continuous Disclosure Reviews was released by KPMG in August.
It was argued that corporate governance was an excellent area in which to apply the 'soft law' approach and that harmonization
in their area would jeopardize the strength of the diversity of the national systems.
of these chapters was recognized as being essential for application of the ICH Q6A guideline Specifications: test procedures and acceptance criteria for new drug substances and new drug products: chemical substances.
"The FASB will hopefully follow the full international harmonization
of accounting standards in other countries by no more than two years, and is currently emphasizing the crucial role of current value reporting of assets and liabilities in corporate financial statements.
Although unfamiliar with the term, the angry workers in Toledo were the victims of what NAFTA supporters call "harmonization
." The process is an updated version of Karl Marx's classic Communist formula: From each according to his ability, to each according to his need.