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Accounting Standards form a vital part of the regulation and administration of companies in Australia. REQUIRED Discuss the role of the ASIC and AASB in

Accounting Standards form a vital part of the regulation and administration of companies in Australia.

REQUIRED Discuss the role of the ASIC and AASB in connection with the regulation of companies in Australia.

Important: Answers must refer to cases, legislation, accounting standards, articles or law reports.

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