Financial statement comparability is essential for investors, analysts, and other stakeholders to make informed decisions and assess the financial performance of companies. This research project aims to delve into the impact of accounting standards on the comparability of financial statements, exploring how different accounting standards, such as GAAP and IFRS, influence the comparability of financial information across firms and industries. Additionally, it will examine the challenges and opportunities associated with achieving financial statement comparability in a globalized business environment. By analyzing the relationship between accounting standards and financial statement comparability, this study seeks to provide valuable insights for standard-setters, regulators, investors, and financial statement users in understanding the implications of accounting standards on the comparability of financial information. The findings of this research are expected to contribute to the existing body of knowledge in the field of accounting standards and financial statement comparability, offering practical implications for standardization, regulatory oversight, and decision-making processes in the context of financial reporting.