In addition to the International Accounting Standards Committee (IASC), which of the following organizations was considered to be one of the two most important forces in efforts to harmonize accounting standards?

Question

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The European Union (EU) was considered one of the two most important forces in efforts to harmonize accounting standards, in addition to the International Accounting Standards Committee (IASC). The EU has played a significant role in promoting the adoption of IFRS in its member states and has had a major impact on the development of global accounting standards.

In Addition to the International Accounting Standards Committee (IASC), Which