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Question 3 a Describe the development of accounting regulation in the USA in the 1930s. b.Discuss the perspective and nature of collaboration between the IASB

Question 3

aDescribe the development of accounting regulation in the USA in the 1930s.

b.Discuss the perspective and nature of collaboration between the IASB and FASB in relation to the development of conceptual framework for financial reporting.

c.Identify and explain an accounting theory that considers that regulation is put in place to benefit society.

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