عنوان مقاله [English]
Today the increasing efforts for harmonizing accounting have become a prominent and controversial theme in many countries at the international level. The tendency towards international standards for increasing the comparability of financial statement and for drawing the attraction of foreign investors is advancing considerably. Among countries, those with unsuitable infrastructures are on the top of the list of acceptance and implementation of international financial reporting standards. This study has utilized both institutional and economic theories and is trying to elucidate the movement of the developing countries towards the acceptance and implementation of international reporting standards. From the perspective of institutional theory, internationalization of accounting is a tool for acquiring the legitimacy and for responding to the pressure imposed by international and domestic institutions. From another point of view, economic theory suggests that international reporting standards are precious commodities.