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Please help to answer fast International accounting Discuss and debate on the approach taken by the IFRS vs the AAOIFI financial reporting regimes in treating

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International accounting

Discuss and debate on the approach taken by the IFRS vs the AAOIFI financial reporting regimes in treating lease transactions. Show the disclosure in the Statement of Financial Position of both regimes. Discuss on issues relating to accounting standards on financial instruments between both of the IFRS and AAOIFI. What is your recommendation when you discover that the AAOIFI standards are incomplete to account financial instruments

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