One motivation for reducing differences in accounting practices across countries is to:

Question

Quizplus · Accepted Answer

Reducing differences in accounting practices across countries would make it easier for investors to compare companies from different countries. Currently, companies in different countries may value assets differently, record expenses differently, or use different financial reporting standards. This can make it difficult for investors to make informed decisions about investing in companies from different countries. By reducing these differences, investors would have more consistent and comparable information to base their investment decisions on.

One Motivation for Reducing Differences in Accounting Practices Across Countries