International financial reporting standards-ifrs

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Reference no: EM131189176

Topic: International Financial Reporting Standards (IFRS)

Please go to the following article published on . Read the article and respond to the following questions. 

1. Investigate and write a brief history of the IFRS (1,000 words, 10 marks).

2. Select any country(India) and report on its current accounting regulatory framework and its progress towards standardising on IFRS (1,500 words, 20 marks).

Please select India 

Assessment criteria

Your submission will be assessed as follows:

Quality of your academic research and writing: 24 marks.

Quality of your written English: 3 marks.

Quality of your presentation: 3 marks. 

Please note that Harvard is the required style of referencing. As postgraduate students you are expected to have a good knowledge of referencing. Failure to provide full and accurate referencing can lead to a marking penalty of up to 5 marks, or you may be reported for academic misconduct. 

 

FORMATE OF ASSIGNMENT:

1. Executive summary

2. Table of content

3. Introduction

4. Answer of question1 (1000 WORDS)

5. Answer of question2 (1500 WORDS)

6. Conclusion

7. References

Verified Expert

The world has experienced globalisation in the past few decades. The expansion of the business is now not confined to home country. The companies have broadened their horizons when it comes to expansion of the business. Now, it’s very common to establish the holding company in the domestic country and having the subsidiary or associate company in some other country. In fact more and more countries are establishing such laws and rules which encourage globalization. This gave rise to introduction of International Financial Reporting Standard.

Reference no: EM131189176

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