The IASB Web site (www.iasb.org) summarizes each of the current International Financial Reporting Standards. You can also find this information on the websites of the major accounting firms, Price Waterhouse is one of the big four. Required: Identify the standards that permit the use of alternative accounting treatments. For each, briefly describe the benchmark/preferred (optional treatments and a stated preferred treatment) treatment and the allowed alternative treatment. To what extent might companies' useof these different treatments reduce the comparability of the resulting financial statements