The International Accounting Standards Board (IASB) develops international standards by means of a due process. the main
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Question:
The International Accounting Standards Board (IASB) develops international standards by means of a "due process". the main purpose of the accounting standards is to reduce or eliminate variations in accounting practice.
(a)State the objectives of the IASB
(b)Briefly explain the scope of international financial reporting standards and international accounting standards
(c)Explain the main stages of the IASB due process
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