Evaluate the financial accounting framework for interest, dividends, losses, and gains; 2. conceive of the initial recognition of any financial asset; 3. what are the effects of the amortized cost on financial assets? 4. In the financial statements, describe the gains and losses in the financial assets as the fair value treatment.Introduce lease to the financial parameters used to finance assets 6. Explain the various phases of the Guaranteed residual value 7. What role does the Unguaranteed residual value play in ensuring that the parties to the lease are related to one another?Concerning the total present value, talk about the lease's implicit interest rate. 9. What contract engagements serve as the Finance (or Capital) Lease's foundation for the irrevocable phenomenon? 10. Talk about the financial disclosure requirements for a finance lease in accordance with IAS 17