Which of the following statements is/are true? 1. The IFRS Interpretations Committee reviews new identified financial reporting issues not specifically addressed in IFRSs. 2. The IFRS Advisory Council advises the IASB in developing new accounting standards. 3. The International Accounting Standards Board (IASB) is responsible for issuing new International Financial Reporting Standards (IFRSs) 4. The IFRS Foundation is responsible to produce IFRSs, and IASB oversees IFRS Foundation.