question one Discuss the elements of the conceptual framework and their significance to the whole process of financial reporting and analysis.

question two define the regulatory frame work for financial reporting and analysis and underpin the roles the regulatory framework plays in producing financial information desired by users of financial information.

Question three investment property, property - plant and equipment, including borrowing costs which will form part of a qualifying asset are all classified as tangible non-current assets. in not more than three pages, clearly discuss why you think these assets are classified in the way they have been classified and why you think of a different classification if any.