Ne Accounting Question That I Do Not Understand Can Someone Please Answer It For

I have one accounting question that I do not understand, can someone please answer it for me in order for me to understand it and compare it with my solution?

Thanks in advance.

Utilising the idea of ‘regulatory capture’, investigate and comment on the current membership of i) the UK’s FRC ‘Corporate Reporting Council and ii) the IASB. How ‘balanced’ do you find the backgrounds of the members of these boards? In the case of each board, explain whether or not you think that the standard setting process has been ‘captured’ and, if so, by which group. Earn brownie points for finding out anything particularly interesting about any of the members of either board.

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