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Can you briefly describe the evolution of IFRS from 1973 andalso discuss the structure...

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Accounting

Can you briefly describe the evolution of IFRS from 1973 andalso discuss the structure of IFRS. What is the objective ofIASB?

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The IFRS is designed as a common global language for business affairs so that company accounts are understandable and comparable across international boundaries They are a consequence of growing international shareholding and trade The IFRS is particularly important for companies that have dealings in several countries They are progressively replacing the many different national accounting standards The IFRS began as an attempt to harmonize accounting across the European Union but the value of    See Answer
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In: AccountingCan you briefly describe the evolution of IFRS from 1973 andalso discuss the structure of...Can you briefly describe the evolution of IFRS from 1973 andalso discuss the structure of IFRS. What is the objective ofIASB?

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