(a) Describe, briefly the role played by each of the following in the publication of financial statements...

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(a) Describe, briefly the role played by each of the following in the publication of financial statements for public limited companies:

(i) the Companies Act 1985;

(ii) the Accounting Standards Board;

(iii) the Stock Exchange.

(b) Comment on the differences between the published financial statements of a company and its internal management accounts.

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