EC Accounting Harmonisation: An Empirical Study of Measurement Practices in France, Germany and the UK

Abstract

This research attempts to assess the extent to which accounting measurement practices in France, Germany and the UK are currently harmonised in the context of the major effort that has been made to promote EC accounting harmonisation. The statistical tests show that there are significant differences between France, Germany and the UK in respect of all the practices evaluated. Furthermore, the I-indices used to measure the overall level of international accounting harmony across the three countries indicate a wide and relatively low range of values.