How the results of behavioural research can be of relevance to corporations and the accounting profession for anticipating individual reactions to accounting disclosures? Is it appropriate to have one globally standardized set of accounting standards?

Question.

Is it appropriate to have one globally standardized set of accounting standards?

OR

How the results of behavioural research can be of relevance to corporations and the accounting profession for anticipating individual reactions to accounting disclosures?

You can choose one question out of the two above, which ever one would be easier for you to answer.