Q1. Identify the major policy-setting bodies and their role in the standard-setting process. (500 words )
Q2. Describe the challenges facing financial reporting. (500 words )
Q3. Describe the basic assumptions of accounting. ( 500 words )
- free plagiarism
- the total 1500 words
- use ( intermediate accounting ifrs edition ) to find the answers and paraphrase them .
this is chapter one ( financial reporting and accounting standard ) which contains the answer to Q1 and Q2
this is chapter two ( conceptual framework for financial reporting ) which contains the answer to Q 3