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Analysis - U.S. demands overshadow accounting prize

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LONDON (Reuters) - Shareholders and regulators have long wanted the "holy grail" of a single set of reporting standards as a bedrock for comparing performance and value of companies across the world but U.S. reluctance means this goal is still a distant prospect. U.S. conditions for backing a common accounting language look likely to leave investors having to pick apart local rules and regulations as they scour global markets for havens in which to put their money. ...

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