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Q.No.2 (b). What do you understand by IFRS? What are its advantages and disadvantages in the context of Pakistan? Do you think it is appropriate

Q.No.2 (b). What do you understand by IFRS? What are its advantages and disadvantages in the context of Pakistan? Do you think it is appropriate to adopt them for a country like Pakistan where the system is already lagging behind? What do you think about the future of IFRS in Pakistan?

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