1. Explain international accounting standard board 15 and reasons for new issued or revised standards ?

2. Compare international accounting standards 15 with conceptual framework and evaluate whether the changes have led to greater or less consistency with the framework ?

[Note: You could consider issues like definitions]

3. Discuss some of the challenges and implications of adopting the new international accounting standard 15?

[Note : Consider this from a global perspective as well as a local perspective ]