Barclays Bank of the UKBased on your annotated bibliography and outline and in minimum of 2 pages:Describes the accounting system of your selected country.The paper should include how accounting standards are set (including a brief history), the influences of economic, political, financial and cultural factors in the standard setting process, and the future of the standard setting process (based on your opinion and research.)Discuss the potential impact of ethical issues on stakeholders if the company does not follow the country’s laws.Make sure your paper is free of spelling and grammar errors. Your writing should exhibit appropriate, audience-specific tone and vocabulary tied to the purpose of the research.You should include an introductory and conclusion paragraph with your essayInclude an APA formatted title page and reference page. Remember to include properly formatted references for your credible sources and the 2 journal articles found in the Rasmussen Library online database. Incorporate suggestions that your instructor gave you on the annotated bibliography and outline assignments.The company I have chosen is Barclays Bank in the UK.Please make this a minimum of 2 pages and in APA format.Please include a reference page and site sources within the paper.I have attached the annotated bibliography and outline.