Write a short report on the application of IFRS around the world.

1) Visit the IFRS website (www.ifrs.org ) and find out about the standard setting process.
Write a short report in detail about the six steps in standard setting process.

2) Write a short report on the application of IFRS around the world.
3) Write a short report on latest changes in any of the accounting standards.
4) Visit SOCPA website (www.socpa.org.sa)). Write a short report on the developments, if any, after the implementation of IFRS in 2017