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IFRSs are developed through a formal system of due process and broad international consultation involving accountants, financial analysts and other users and regulatory bodies from
IFRSs are developed through a formal system of due process and broad international consultation
involving accountants, financial analysts and other users and regulatory bodies from around the world.
The overall agenda of the IASB will initially be set by discussion with the IFRS Advisory Council.
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Describe the steps involved in the due process for developing an individual standard
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