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How to make accounting standards easier to interpret

A recent CPA Australia article discusses the growing complexity of accounting standards. The article summarises the research findings and recommendations arising from the research titled Are Accounting Standards Understandable? This includes the reasons why accounting standards are becoming more complex and the potential solutions to the issue, including technology adoption and a multi-modal approach to readability, understandability and actionability.

To view the CPA Australia article in full, click here

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