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What were the three phases in the life of the iasc

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Question -

Q1. How does harmonization differ from convergence? Who is responsible for this?

Q2. What are the potential benefits that a multinational corporation could derive from the international convergence of accounting standards?

Q3. What were the three phases in the life of the IASC?

Q4. What is the IASB's principles-based approach to accounting standard-setting?

Q5. What are the different ways in which IFRS might be used or adopted within a country?

Reference no: EM133167261

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