It is designed to explain and predict which firms will and

Question

Question 1. Discuss IFRS and AASB. (not discuss FASB) 
Discuss political regulation. 
How accounting Australia role IASB and AASB make a proposal IASB. 


Question 2. Positive Accounting theory perspective what the theory what should do. 
PAT economic theory. 
What is the purpose of accounting theory. 
What happening PAT useful this perspective. 

Word Limit: 2000

Answer 1

For the following questions, write a paper in word document, illustrating the answer in detailed paragraph format in accordance to the APA style formatting (Using Arial Black font, size 12, boundary of around 1 inch from all sides). Problem 1: Describe IFRS and AASB. Illustrate the political regulation. Explain how accounting Australia role IASB and AASB make a proposal IASB. Problem 2: The positive Accounting theory point of view what the theory what must do? With PAT economic theory.