Discuss the crisis of fair value accounting following recent international financial turmoils. It is debatable whether the IFRS accounting standards have contributed to the financial crisis. You are required to work in a group of three or four students to Describe what the financial crisis is. Discuss whether the current requirements of IFRS accounting standards contribute to financial crisis. Presentation and submission requirements: The essay should include Abstract, Introduction, Main body, Conclusion and Reference List. • Assignment must be typed using Word document and double-spaced and Times New Roman with 12 font size The required referencing style is Harvard
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