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Explain IAS 1 as used in accounting . Evaluate the relevance of the regulatory framework in the preparation of financial reports. Examine the reasons as
- Explain IAS 1 as used in accounting.
- Evaluate the relevance of the regulatory framework in the preparation of financial reports.
- Examine the reasons as to why financial reports may fail to meet their objectives.
- With examples, describe the main attributes of good accounting information.
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