Accounting Assignment - IAS8,1,7 and 21

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Project Description


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!


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