Answered: 1. Describe the Existing Board of IFRS…

1. Describe the Existing Board of IFRS (IASB members and the role of them) 2. In detail, what's the reason for choosing the Netherland as a member of the first IASC.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

1. Describe the Existing Board of IFRS (IASB members and the role of them)
2. In detail, what's the reason for choosing the Netherland as a member of the first IASC.
3. What's the role of IFAC to support IASC
4. In detail, What's the latest issuance of IASB (reasons and benefit)?
5. what are the future projects of IASB (what & why)?

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