history of accounting standard
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The evolution of the international accounting standards began in 1966 with the suggestion to set up a world wide study group. The objective of IFRS is to develop ,in the public interest,ahigh qualaty set of comprehensible,international accepted
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The evolution of the International Accounting Standards began in 1966 with a suggestion to set up a worldwide study group. ... The objective of the IFRS is to develop, in the public interest, a high-quality set of comprehensible, internationally accepted, and enforceable accounting standards.
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