The Dimensions of the International Accounting Problem.

Abstract It is maintained that an international accounting problem exists and that this problem is the outgrowth of three economic phenomena of our time, namely growth of international business investments, regionalization, and economic development efforts. In scope, the problem might be smaller than one would expect at first. Financial reporting, financial accounting, and legislative influences appear to be the major aspects of the problem. In an approach to a solution, previously published comment was summarized and briefly evaluated. Finally, discussion about the problem and inquiry into its particulars is urged upon the profession.