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The International Accounting Standards Committees Framework for the Preparation of Financial Statements identifies four primary...

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Accounting

The International Accounting Standards Committees Framework for the Preparation of Financial Statements identifies four primary qualitative characteristics.

a. Discuss the four qualitative characteristics identified by the IASB.

b. Contrast and compare these qualitative characteristics with the qualitative characteristics identified by the FASB in SFAC No. 8.

Thank you

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