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Research iasb-fasb and aasb-accounting and politics

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Reference no: EM133228424

Research IASB, FASB, and AASB: Accounting and politics.

Visit the websites of the IASB (www.ifrs.org), the FASB (www.fasb.org) and the AASB.

Required:

A. Discuss what influence politics has on the establishment of accounting standards?

B. Examine whether political factors have played a role in the development of accounting standards in Australia, and comment on whether you agree or disagree with the Australian Government's involvement in the standard-setting process.

Reference no: EM133228424

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