Q1. Identify the major policy-setting bodies and their role in the standard-setting process. (500 words )

Q2. Describe the challenges facing financial reporting. (500 words )

Q3. Describe the basic assumptions of accounting. ( 500 words )

requirements :-

1. free plagiarism
2. the total 1500 words
3. use ( intermediate accounting ifrs edition ) to find the answers and paraphrase them .
   this is chapter one ( financial reporting and accounting standard ) which contains the answer to Q1 and Q2
   https://www.safaribooksonline.com/library/view/intermediate-accounting-ifrs/9781118443965/11_chapter-01.html
   this is chapter two ( conceptual framework for financial reporting ) which contains the answer to Q 3
   https://www.safaribooksonline.com/library/view/intermediate-accounting-ifrs/9781118443965/12_chapter-02.html