Question: 1 9 7 3 - 2 0 0 0 2 0 0 0 2 0 0 1 2 0 0 5 Present International standards (
Present
International standards set by the IASC are viewed as "voluntary adjuncts" to each country's own national accounting standards.
The IASC is replaced by the IASB.
IFRS are considered the predominant global financial reporting framework.
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