1. While 60.4% of the 1,219,000 accounting, tax preparation, bookkeeping and payroll services professionals employed in the U.S. in 2019 were women, 79.7% of the employee base was white. ... Black, Asian and Latina women all earned less than 7% of bachelor's degrees, and less than 6% of the master's degrees. Explain the nature, reason and problem caused by accounting diversity. (10 Marks)

2. Discuss the IFRS framework.(10 Marks)