What does accounting reform mean?

accounting reform meaning in Law Dictionary

improvement in principles which go beyone standard practices. It keeps the economies on a national amount. It is regularly help globalize standard methods.

accounting reform meaning in Business Dictionary

a form of change in the specific guidelines of accounting which go beyond the enforcing of standard accounting methods aided by the objective of maintaining economies on a more nationwide amount. People who champion bookkeeping reform look at present system as insufficient, and frequently look for a globalization of standard accounting practices.