Many countries are adopting IFRSs although they are not under compulsion to do so. Some are however reluctant to adopt IFRSs. State and explain briefly five (5) factors or reasons that may influence a country’s decision to adopt IFRSs.

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Many countries are adopting IFRSs although they are not under compulsion to do so. Some
are however reluctant to adopt IFRSs. State and explain briefly five (5) factors or reasons
that may influence a country’s decision to adopt IFRSs.

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