| In the 21st century, economic globalization has become an irreversible trend. With the rapid development of economic globalization and the growth of international capital markets, international accounting harmonization has become an inevitably realistic issue for countries worldwide. International accounting harmonization has become the focus of the theoretical and practical issues. There are many researches on its causes, conditions, and effect. De jure harmonization has influenced de facto harmonization much. Research of international accounting harmonization in China can not only provide theoretical basis for accounting standards formulation, accounting standards revision, accounting supervision and standardization of accounting profession but also promote the development of the accounting practices.This paper firstly distinguishes some international accounting harmonization-related concepts in order to describe a comprehensive and clear picture of international accounting harmonization and offer practical foundation for the development of accounting regulation in our country. Then, it describes and analyzes the process and status of international accounting harmonization. Finally, it reviews the previous research and conducts an empirical study, taking AB-shares and AH-shares companies as samples.The main academic contributions of this paper are as follows: First, this paper summarizes international accounting harmonization-related concepts. Based on the summary, it distinguishes the concept of international accounting harmonization, de jure harmonization, de facto harmonization and so on. Second, this paper reviews empirical studies, and does some empirical research with the AB-shares and AH-shares companies. |
