Question: please answer as soon as possible. please don't copy paste from the internet and write an answer to the point Requirements: 1. Explain the nature

please answer as soon as possible. please don't copy paste from

please answer as soon as possible. please don't copy paste from the internet and write an answer to the point

Requirements: 1. Explain the nature and importance of IFRS. 6 Marks, CLO1 2. Discuss the role and importance of preparing financial statements: Income statement, and balance sheet. 8 Marks, CLO 2 3. Discuss the role of double entry method in recording and analyzing business transactions. 8 Marks, CLO 3

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