Question: Please answer this questions by righting small essaies for each one Question 1 What is IFRS ? What is the IFRS development including due process

Please answer this questions by righting small essaies for each one

Question 1

What is IFRS ?

What is the IFRS development including due process (describe the different stages of the new process) ?

And what is the impact of IFRS (the fact that is been adopted all around the world) ?

Question 2:

What is the purpose of the corporation (what is the purpose of companies? are our companies there just to make profit or do companies have to do more than that Contrasting the Milton Friedman view of the world that basically it's wrong to do anything but make a profit with the alternative)

Why is reporting important ( why we do it, why companiess produce reports)

And is it a set of facts or a construction ( how reporting is a total construction) ?

Focus on APMs (Alternative Performance Measures) Question 3:

Key issues in non financial reporting (Looking at this whole area of non-financial (sustainability integrated reporting). Environmental social governance is reporting and how is it changing.)

why is it and how is it changing ?

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