You are to submit a literature review on the topic of the advantages and disadvantages of adopting the IFRS conceptual framework. The further information provided on the harmonization project can help you. 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:

1. Australia

2. China

3. India

4. Bangladesh. 

Your literature review should include articles from the academic literature, as well as commentary from (at least 10 articles):

1. Web sites

2. Newspapers

3. Regulators.

Provide your literature review in the form of a simple business report, which has:

1. Executive summary

2. Introduction

3. Literature review

4. Conclusion

5. References.

You must reference your sources using the Harvard method.