Analyse and evaluate the history of the development of IASs and IFRSs discussing the need for their development and the principles they aim to embed. Analyse and evaluate the main issues and themes encountered both historically and currently which have developed through the introduction of IFRSs In light of the above, provide a report covering the two points above. In undertaking this piece of work you must demonstrate your knowledge and understanding of at least one current or historic issue or theme evaluating related research, articles and other appropriate material.