Explain the impact on financial statements of each of the following: (a) Company law; (b) The International

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Explain the impact on financial statements of each of the following:
(a) Company law;
(b) The International Accounting Standards Board?
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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