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Impact of Globalization on Accounting Education

Impact of Globalization on Accounting Education

Basic purpose of this article is to discuss and analysis Impact of Globalization on Accounting Education among College Students. One of many large effects that globalization has received on accounting education is that students are coached Generally Accepted Accounting Concepts or GAAP, which usually are not used worldwide. In improvement to GAAP, International Economic Reporting Standards, or IFRS, will also be used. Both sets regarding standards are updated usually, which can make this hard for accounting students to keep current with principles for the world, as well as global standards.