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The top-down perspective of empowerment
Generally Accepted Guidelines
Broad principles, standards, and norms adhered to in a particular field or profession.
Broad Principles
General, overarching rules or guidelines that inform or direct action in a wide range of situations.
Rules-Based
A system or approach that is guided by a set of established rules or standards.
IFRS
International Financial Reporting Standards, which are a set of accounting standards developed by the International Accounting Standards Board that guide the financial reporting of companies globally.
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