CPA Australia CPA Financial Accounting and Reporting Exam Financial-Accounting-and-Reporting Question # 2 Topic 1 Discussion

CPA Australia CPA Financial Accounting and Reporting Exam Financial-Accounting-and-Reporting Question # 2 Topic 1 Discussion

Financial-Accounting-and-Reporting Exam Topic 1 Question 2 Discussion:
Question #: 2
Topic #: 1

Which one of the following is an objective of the International Federation of Accountants (IFAC)?


A.

to provide advice on accounting standards to the OECD


B.

to issue new international financial reporting standards (IFRS)


C.

to establish high quality professional standards in accountancy


D.

to provide direction to the Financial Accounting Standards Board (FASB)


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