One of the stronger motivations for a continuing standardization in international accounting standards is to:

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Standardization in international accounting standards helps to develop international sources of capital for firms. This is because having a consistent and transparent accounting framework across countries enhances the comparability of financial statements between firms and countries, reducing the information asymmetry for investors and creditors. As a result, it is easier for firms to access capital from a broader range of sources globally, which can enhance their growth and competitiveness.

One of the Stronger Motivations for a Continuing Standardization in International