Assessment Item: Written Assessment (2,500 words MAX, 30%) Topic: International Financial Reporting Standards (IFRS) Please go to the following article drafted on The Conversation: Brexit is done, now what about accounting?. Read the article and respond to the following questions. Investigate and write a brief history of the IFRS (1,000 words, 10 marks). Select any country and report on its current accounting regulatory framework and its progress towards standardising on IFRS (1,500 words, 20 marks). Assessment criteria Your submission will be assessed as follows: Quality of your academic research and writing: 24 marks. Quality of your written English: 3 marks.