From 1 January 2005 Australia adopted IASB standards. (a) Do you agree with this change? Why or
Question:
From 1 January 2005 Australia adopted IASB standards.
(a) Do you agree with this change? Why or why not?
(b) Who stands to gain from Australia's adoption of IASB standards? Explain.
(c) Who stands to lose from Australia's adoption of IASB standards? Explain.
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