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Case 3-3 The Purpose and Objectives o the IASB The International Accounting Standards Committee (IASC) was ormed in 1973. In 2001 the IASC was replaced

Case 3-3 The Purpose and Objectives o the IASB The International Accounting Standards Committee (IASC) was ormed in 1973. In 2001 the IASC was replaced by the International Accounting Standards Board (IASB). Required: a. What was the purpose o the IASB? b. How does the IASC attempt to achieve these objectives? need 2 references

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