A survey of accounting industry leaders from around the world found overwhelming support for convergence of accounting standards.
According to a survey of 143 leaders from 91 countries, conducted by the International Federation of Accountants, 89 percent indicated that convergence to International Financial Reporting Standards was "very important" or "important" for economic growth in their countries. Nine percent said it was "somewhat important," while only 1 percent said it was not important.
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