Due date:
Sunday 15 May 2020 (Week 8)

Word limit:
1500 words (excluding references)

Assignment Requirements:

· Submission:

Students must submit the group assignment online
by 11:59 pm. Late penalty will be at 10% per day.

· Structure:

Use
essay structure
which contains introduction, body, conclusion and reference list.

·
Formatting and referencing:

The assignment must be word-processed, 1.5 line spacing, and the word size should be 12 with ‘Times new roman’ font type.
Harvard style reference
preferred.

Question:

IASB has issued International Financial Reporting Standards (IFRS) that are being adopted by nations all over the world. Please read the IASB chairman’s speech at an event hosted by the Accounting Standards Board of Japan about adoption of IFRS Standards around the world on 29 August 2018 in Tokyo. You can access the full speech by using the following link:

https://www.ifrs.org/news-and-events/2018/08/chairmans-speech-japan-and-ifrs-standards/

Critically discuss any issues raised in relation to IFRS adoption around the world.

The objective of the assignment is to develop your critical thinking, technical research and written communication skills. You need to investigate and analyse accounting literature and recent developments on IFRS adoption. You are required to use extensive references to support your discussion.