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Accounting Assignment - IAS8,1,7 and 21

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Hi!

I need the following questions to be answered in details! please use good easy English to explain! good grammar.

Here are 4 International Accounting Standards: IAS 1, IAS 7, IAS 8 and IAS 21.
Please explain their relevance to the preparation of the financial statements

Present the 4 International accounting policies.
• What are each of them concerned with?
• What are they stating and regulating?
• What are their implications in to the day by day accounting practice?

Thank you!

Briellle.

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