how might accounting frameworks such as IFRS, IASB etc.need to change in order to support our future societies. Justify you argument with evidence detailed and specifically. You can refer to the documentary movie INSIDE JOB.

This section tests the extent of ability to search, select, identify, examine, evaluate and form opinion on evidence relating to the need and ability for development and changes to accounting to better support future societies. What is future accounting systems may look like? Why?

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