Required to submit a report that discussing all the following standards/topics:

a. IAS 34 Interim Financial Reporting

By referring to the relevant sources such as accounting standards, academic journals, professional magazines, books, regulatory bodies rules and policies discussion and news in the media, you are required to discuss:

1. Accounting treatment under the current standard recognition, measurement & disclosure requirements
2. Effect of the standard on the accounting practice
3. Issues/concerns /critics on the current accounting standard
4. Solutions/recommendations to the item (iii) above