Harmonization of Financial Reporting Practices Is

Harmonization of financial reporting practices is:

A) The process of reducing differences in financial reporting practices across countries.
B) The process of translating differences in financial reporting practices across countries.
C) The process of increasing differences in financial reporting practices across countries.
D) The process of allowing different countries to create unique financial reporting practices.
E) The process of creating similar accounting practices according to geographic regions of the world.