ProdPart A:

Are there any major accounting issues that have not yet been covered by IFRS? $(10$ Marks$)$

Part B:

Provide optimal arguments and reasons for international harmonization? $(9$ Marks$)$

Part C:

What are the potential benefits that a multinational corporation could derive from the international convergence of accounting standards? $(8$ Marks$)$ucts produced by a manufacturer that have not yet been sold to customers are known as$$