Please respond to the following:compare one (1) recently completed pr

Please respond to the following:compare one (1) recently completed project to the old accounting standard, and predict the fundamental way in which the new standard will improve financial reporting. Provide support for your rationale.recommend two (2) internal controls that you would implement to ensure that corporations follow the new standard that you had explored in Part 1 of this discussion if you were given authority in the matter. Justify your response.

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