Your Part C response is to be presented in an essay format.

To present relevant financial statement information, it is important to have consistent requirements in AASB accounting standards.

Discuss this statement. Your persuasive response should include:

an introduction;

one (1) for argument point supporting this statement;

one (1) alternative argument point that refutes this statement; and lastly

a conclusion that includes a final opinion and valid reason(s).

Both argument points are to be accompanied by supporting example(s) developed from your Part A (including draft Part A response and feedback) and Part B responses, evidence and/or academic reference(s)*#.