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The conceptual framework includes the objectives of financial reporting, the characteristics associated with high quality accounting standards, provides the elements of the financial reporting systern
The conceptual framework includes the objectives of financial reporting, the characteristics associated with high quality accounting standards, provides the elements of the financial reporting systern
and specifies the recogntion and measurement criteria to be used.
and measurement criteria to be used.
The conceptual framework includes the objectives of financial reporting and the characteristics associated with high quality accounting standards. It does not provide the elements of the financial
reporting system nor the specifics of the recognition and measurement criteria to be used.
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Financial Accounting Tools for business decision making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th Edition
978-1119191674, 047053477X, 111919167X, 978-0470534779
