What is the policy for accounting harmonization in the United Kingdom?
A. Eventual adoption of standards promulgated by the IASB
B. Alignment of U.K. GAAP with IFRS where practical
C. Rejection of IASB pronouncements
D. Alignment of K. GAAP with U.S. GAAP
Answer:B
What is the policy for accounting harmonization in the United Kingdom?
A. Eventual adoption of standards promulgated by the IASB B. Alignment of U.K. GAAP with IFRS where practical C. Rejection of IASB pronouncements D. Alignment of K. GAAP with U.S. GAAP