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Visit the website of the International Accounting Standards Board (www.ifrs.org) or the Financial Accounting Standards Board (www.fasb.org) and provide the following pieces of information: the

Visit the website of the International Accounting Standards Board (www.ifrs.org) or the Financial Accounting Standards Board (www.fasb.org) and provide the following pieces of information:

  • the extent of convergence or adoption of IFRS across the world, the membership of the IASB and which countries the members come from.
  • current projects expected to result in issue of Exposure Drafts or new standards
  • the goals of the IASB.

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