What is the role of Europe in an increasingly harmonized world?

Abstract

This article is a discussion of the influences shaping the future of the accounting and auditing profession in Europe and the profession's response to the new demands. It reviews influences on accounting, emanating from worldwide movements and also from particularly European sources, and then examines the reactions of the European profession. This has included development of worldwide rules for the profession, but not precluded action at regional level through the Fédération des Experts Comptables Européens.