What is the purpose of the conceptual framework?
I'll answer
Earn 20 gold coins for an accepted answer.20
Earn 20 gold coins for an accepted answer.
40more
40more
Works at the International Monetary Fund, Lives in Washington, D.C., USA.
The primary purpose of the Conceptual Framework was to assist the IASB in the development of future IFRSs and in its review of existing IFRSs. The Conceptual Framework may also assist preparers of financial statements in developing accounting policies for transactions or events not covered by existing standards.Feb 20, 2013
2023-06-15 04:10:35
评论(499)
Helpful(122)
Helpful
Helpful(2)

Ethan Taylor
QuesHub.com delivers expert answers and knowledge to you.
The primary purpose of the Conceptual Framework was to assist the IASB in the development of future IFRSs and in its review of existing IFRSs. The Conceptual Framework may also assist preparers of financial statements in developing accounting policies for transactions or events not covered by existing standards.Feb 20, 2013