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Question 2 You have been asked to prepare a report for the finance director regarding the Conceptual Framework and discussion about the financial statements which

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Question 2 You have been asked to prepare a report for the finance director regarding the Conceptual Framework and discussion about the financial statements which should cover the following . Evaluation of the conceptual framework for financial reporting . The aims of the IASB Conceptual Framework for Financial Reporting. Definition of the elements of financial statements and when they should be recognised in the financial statements. 25 Marks

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