Review the current accounting standards

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Question - The latest versions of Australian accounting standards issued by the AASB are available on the AASB website.

Required -

(a) Review the current accounting standards on the AASB website and select one accounting standard which you consider might be important for you to have some knowledge about in your future role as a professional accountant.

(b) Use an internet search engine to find two documents that you consider to be useful in gaining an understanding of the accounting standard. You should not include the accounting standard itself.

(c) Explain why these two documents would be useful to you in gaining an understanding of the accounting standard.

Reference no: EM132639168

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