The IASB’s initiatives to facilitate and enhance its role as a global standard-setter, for example, the issue of guidelines for first-time adopters, holding public round table forums, and direct liaison with some national standard setters. Many countries have adopted the IFRS and it is gaining momentum. If one country would like to adopt the IFRSs, what will be recommendations so that it can adopt that said IFRSs? Provide 3 recommendations and briefly discuss each