Financial Times FT.com

Joint accounting standards are a matter of compromise

By Jennifer Hughes

Published: January 10 2008 02:00 | Last updated: January 10 2008 02:00

You say "accounting", I say "accountancy". You say "recognize", I spell it "recognise"...

I could go on, but I hope the song reference is clear, even if Ira Gershwin never had balance sheets in mind.

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