1. some perceived advantages and disadvantages for countries that adopt IFRS with reference to Fiji

2. Factors that influence the practice of financial reporting

3. Chand and White argue that IFRS for Small and Medium Entities (SMEs) may not be relevant

for Pacific Island Countries. Explain the basis of their arguments, citing relevant examples.

4. Discuss how culture may affect international harmonisation of accounting standards (adoption of IFRS) with reference to Fiji

Note: Provide detail explanation.