国际会计准则理事会(IASB)对不同国家的会计准则或会计准则进行了制定和提出。根据国际会计准则理事会(IASB)成员的全球金融和政治情况，这些标准是可读和修改的。因此，可以观察到，这些会计准则或会计准则的准备和陈述都是基于全球金融和政治形势，这可能或不会影响不同的县(Ahmed et al.， 2016)。在任何国家，不论经济状况和财务状况如何，会计准则或标准都是统一的。因此，某些受到特定国家经济或金融状况影响的组织的财务报告可能会产生误导。经济或金融状况可能不会反映在该组织的财务报表中，但全球正在发生的情况可以反映出来。缺乏统一会计准则和规则的另一个原因是法律结构和惯例的不同，在不同国家的财务问题上遵循传统。国际会计准则理事会(IASB)与其他成员国协商制定会计交易记录的规则和标准。国家的法律结构包括不同的监管部门，如所得税部门、地方当局和许多其他监管机构(勒让科，2016)。
Accounting standards or rules of recording and presenting financial statements (IFRS) are developed and presented by International Accounting Standard Board (IASB) of different countries. These standards are then proof read and modified as per the global financial and political situations by the members of International Accounting Standard Board (IASB). Thus, it can be observed that these accounting standards or accounting rules of preparation and presentation are based on global financial and political situation that may or may not impact different counties (Ahmed et al., 2016). Accounting rules or standards are uniform to the entire business organisation in any country irrespective of economic condition and financial condition of such country. Therefore, financial reports of some organisation that has impacted with economic or financial conditions of particular country can be misleading. Economic or financial conditions may not get reflected in the financial statements of the organisation, but what is happening globally can be reflected. Another reason of lack of uniform accounting standards and rules is difference in legal structure and practices and followed tradition in terms of financial matters in different countries. International Accounting Standard Board (IASB) in consultation with other country members develops rules and standards for recording of accounting transaction. Legal structure of country includes compliances with different regulatory authorities like income tax department, local authorities and many other regulatory bodies (Legenkova, 2016).