Abstract
This Research is aiming at acquainted with the importance of International Accounting Standards, Strategy of harmony with these Standards, and the problems and obstacles of applying them. It also denotes the requirements of International Accounting Standards' Number 41 (Agriculture), and a comparative analytical study for this standard is made with Iraqi Accounting Guide Number 11 (Accounting in Agricultural Activity).
Finally, the study has come out with the conclusions, the most important of them are there are a substantial variances between the accounting treatments followed by Iraqi Accounting Guide and these followed by International Accounting Standard, and the Guide must be developed to be more harmony with the International Accounting Standards.
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