Question 1. You are to submit a literature review on the topic of the advantages and disadvantages of adopting the IFRS conceptual framework.Module Three will provide further information on the harmonisation project. You must do further research to determine the advantages and disadvantages for a particular country. To do this, you must: Report on the general advantages and disadvantages of an international conceptual framework; Report on the specific reported advantages or disadvantages for one of the following countries: Australia China India Bangladesh. Your literature review should include articles from the academic literature, as well as commentary from: Web sites Newspapers Regulators. Provide your literature review in the form of a simple business report, which has: Executive summary Introduction Literature review Conclusion References. You must reference your sources using the Harvard method. The 2,500 word limit applies to the literature review component of your report only.