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Excerpt from Research Proposal:

International harmonisation of accounting standards Real benefits and drawbacks

...... As a result, the implementation of these different standards can have an effect upon: the all entities and the activities that they are involved in. Where, they will provide the public with additional information including: presenting reliable information and making additional disclosures. Presenting of reliable information is when the different procedures will evaluate the overall strengths as well as weaknesses of an organization, based upon the allocation and use of various resources. This is important, because all entities are given a limited amount of resources that they can use, to achieve their different financial objectives. In some cases, this could be in the form of various financial based instruments such as: cash, stocks, bonds and insurance policies. While at other times, this could be utilizing various natural resources in the production of: different goods / services and the total amount of labor available to address the situation. These different elements will help managers to determine how they can be able to increase their overall profits, by allocating resources where they are most effectively needed. (Efficient Market Hypothesis 2011)
At the same time, it will allow investors and regulators to monitor the activities of the business. Where, investors could use