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Provide a brief background to the role of a conceptual framework in accounting, including benefits of having one, together with problems and criticisms of the

  1. Provide a brief background to the role of a conceptual framework in accounting, including benefits of having one, together with problems and criticisms of the current (2010) framework.
  2. in your opinion, what should be the objective of general purpose financial reporting?

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Statistics For Business And Economics

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