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Purpose

The aim of this paper is to discuss the lack of harmonization between US rules‐based and European principles‐based approaches to accountancy standards.

Design/methodology/approach

The paper is an interview with Zahirul Hoque.

Findings

Zahirul Hoque has written widely on international accounting, strategic management and organizational issues and public sector reform, and here shares his opinions.

Originality/value

The paper provides an outline of developments and issues regarding harmonization of accounting standards.

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