The Instigator
HannaMubarak
Pro (for)
The Contender
SupaDudz
Con (against)

Do we need a globally accepted accounting system?

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Debate Round Forfeited
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Voting Style: Open Point System: 7 Point
Started: 11/15/2017 Category: Education
Updated: 2 months ago Status: Debating Period
Viewed: 152 times Debate No: 105064
Debate Rounds (2)
Comments (1)
Votes (0)

 

HannaMubarak

Pro

According to me,there should be a globally accepted accounting system as it would make the accounting easy and would provide with better career options.
SupaDudz

Con

Global accounting system would not help in fact would cause tensions beyond belief. 5 reasons to support I will claim below

1)There are many different currencies in the world...it would be impossible as all of the currencies have different values. Accounting would be hard to manage in foreign places. We shouldn"t waste time with other currencies and it would make it difficult
2) We should not focus on what other countries do or think. These countries know what"s best and a global system of accounting would have its limitations on growing nations such as Singapore, who was ranked #2 in digital competitiveness
3) Countries can not agree on 1 basis foundation without being happy. Countries like North Korea would want policies that other country"s hate. It would not work out. Argument could break out and cause WW3
4) Different government types (ex Capatilism, Socialism, Dictatorship), have its rule and limits. These accounting rules would go against beliefs, so it would be impossible for this to occur
5)Countries that strive for global competitiveness would feel left out and have nothing. This would cause an economic collapse so drastic, it could lead to WW3

We can not have a united system of accounting. It would delay the speed of everything...make countries fall behind..and risk a world war. We should not sacrifice lives for accounting. Vote con
Debate Round No. 1
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Debate Round No. 2
1 comment has been posted on this debate.
Posted by Nd2400 2 months ago
Nd2400
The problem with that is their are 180 different currencies in the world today. So global accounting would not help.
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