(Answered) Need answers for below questions in ifrs1 in your own words

Accounting

Need answers for below questions in IFRS:

1. In your own words, what are the objectives of financial Statement?

2. Which ONE of the four qualitative characteristic of financial statements do you believe is the most important, why?

3. In your own words, explain why IFRS is important today, why and how is it important?

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Accounting Basics, Accounting

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