Answer the following questions about legal and regulatory changes in the financial services industry.

Accounting amendments 2019-2021 Australia

1. Undertake research to identify the amendments made to the accounting standards and that are effective in 2019 to2020.
   1. Identify five (5) amendments and cite your source.
   2. Review and analyse one (1) out of these five (5) amendments and explain how this change impacts:
      1. Business operations
      2. Policies and procedures

https://www.aasb.gov.au/admin/file/content105/c9/AASB2019-5_11-19.pdf