Accounting · Regulatory Frameworks
Which of the following is NOT directly a part of the regulatory system or framework that sets standard financial reporting obligations for companies?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The European Union directives
- 2IFAC (International Federation of Accountants)✓
- 3International Financial Reporting Standards
- 4GAAP
Correct answer
IFAC (International Federation of Accountants)
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