Define and explain what ‘IFRS Standards’ are with reference to supporting academic references;

Identify and explain who sets IFRS Standards, with reference to supporting academic references;

Describe and explain how IFRS Standards ‘help create trust’ using supporting academic references and real-life examples from your research for this assignment.

Critically evaluate whether investors are given ‘confidence’ by the existence and implementation of IFRS standards with reference to academic sources and real-life examples.

Critically analyse and conclude on whether or not IFRS Standards improve the ‘quality, robustness and the completeness of the financial information provided by companies.’ Please use relevant academic references and specific examples to support your answer.