The globalization of business increasingly distinguishes borders. Today, it is common to see investors increasingly interested in expanding their operations outside their country of origin. One of the elements that allow this active movement of capital is the financial information. Investors require this information so they can make business decisions. The big challenge was a long time ago to develop financial reporting standards of quality produce transparent information and that they were applied in the world. Remove barriers to the proper interpretation of the financial reporting, key issue in the business world.
At present sound knowledge of such standards by accounting professionals is more than an academic requirement. It is, in itself, the future of the profession.