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  2. Critically evaluate how successful and effective accounting standards are. If accounting standards are important for the society, explain whether they should be issued by the government or the accounting profession

Critically evaluate how successful and effective accounting standards are. If accounting standards are important for the society, explain whether they should be issued by the government or the accounting profession

Posted by:Brian Posted on:Aug 25,2020
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Discuss the pros and cons of standard setting and refer to the conceptual framework. Point out that IASs and IFRSs are not very responsive (crisis in
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