100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
ICB RTAP Dissertation: Conceptual Framework for Financial Reporting $56.59
Add to cart
Quickly navigate to
Preview
  2.  
  3. ICB Dissertation On Topic The Conceptual Framework
  4.  
  5. ICB Dissertation on Topic The Conceptual Framework

Other

ICB RTAP Dissertation: Conceptual Framework for Financial Reporting

 5 purchases
  • Course
  • ICB Dissertation on Topic The Conceptual Framework
  • Institution
  • ICB Dissertation On Topic The Conceptual Framework

The ICB requires that students write a 40 - 60 page dissertation to complete their National Diploma for Financial Accounting. This is my final product. It was Difficult writing this dissertation as I studied via distance learning and was working full time. I have never written one before but passe...

[Show more]

Preview 4 out of 60  pages

Document information

  • August 2, 2024
  • 60
  • 2024/2025
  • Other
  • Unknown

Subjects

  • thesis

Written for

  • ICB Dissertation on Topic The Conceptual Framework
  • ICB Dissertation on Topic The Conceptual Framework
All documents for this subject (1)

Seller

avatar-seller
jeffreydupless02

Content preview

THE CONCEPTUAL FRAMEWORK FOR FINANCIAL REPORTING



Dissertation



JEFFREY MORRIS DU PLESSIS

(ICB Member ID:880014)



Submitted in partial fulfilment of the requirements for the National Diploma:




FINANCIAL ACCOUNTING

(SAQA ID: 20366)




7 JUNE 2024



DECLARATION BY STUDENT:

I declare that this mini-dissertation submitted by me is my own work, that I have referenced
all the sources that I have used and that no part was previously submitted at any tertiary
institution.



Signature: Date: 07 June 2024

,
, DEDICATION

I dedicate this dissertation to my dad, Japhta Du Plessis , his girlfriend, Elizabeth Petersen
and my family whom supported me all these years that I have been studying.

A Special thanks are due to my late mother, Deonne Angeline Du Plessis who was the driving
force behind me becoming a fully qualified Financial Accountant and the first one in our
family

, Table of Contents
1.1 Overview of the Conceptual Framework for Financial Reporting in Accounting ............... 6

1.1.1 Objectives of Financial Reporting ............................................................................. 6

1.1.2 Qualitative Characteristics of Useful Financial Information........................................ 8

1.1.3 Elements of Financial Statements........................................................................... 10

1.1.4 Measurement Bases for Financial Reporting .......................................................... 12

1.1.5 The Overall Role of Financial Reporting ................................................................. 14

1.2 Positive International Critique ........................................................................................ 16

1.2.1 Enhancing Comparability and Consistency ............................................................. 16

1.2.2 Boosting Investor Confidence ................................................................................. 18

1.2.3 Facilitating Adoption of IFRS................................................................................... 20

1.2.4 Enhancing Economic Stability ................................................................................. 22

1.2.5 Encouraging Corporate Governance ...................................................................... 24

1.3 Negative International Critique ...................................................................................... 26

1.3.1 Theoretical Nature and Practical Challenges .......................................................... 26

1.3.2 Inflexibility in a Dynamic Business Environment ..................................................... 28

1.3.3 Emphasis on Investors Over Other Stakeholders ................................................... 30

1.3.4 Implementation Costs and Resource Constraints ................................................... 32

1.3.5 Complexity and Understandability........................................................................... 34

1.4 Practical Evidence......................................................................................................... 35

1.4.1 Enhanced Transparency and Accountability ........................................................... 35

1.4.2 Improvements in Financial Performance ................................................................. 37

1.4.3 Quality of Non-Financial Disclosures ...................................................................... 39

1.4.4 Risk Management and Sustainability Integration .................................................... 42

1.4.5 Empirical Evidence from Market Responses ........................................................... 44

1.5 Summary of International Recommendations ................................................................ 46

1.5.1 Continuous Refinement and Updates ..................................................................... 47

1.5.2 Enhanced Education and Training .......................................................................... 49

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller jeffreydupless02. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $56.59. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

64670 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling

Recently viewed by you

Exam (elaborations) ·

(0)

BIOL 150 final exam review|| 150 Questions|| Correct 100%(Graded A+)

Exam (elaborations) ·

(1)

PCA/CFSS Worker Training Exam -with 100% verified solutions 2024-2025

Exam (elaborations) ·

(1)

EMT TRAUMA EXAM FISDAP Questions and Answers 2022-2023 | 100% Correct

Exam (elaborations) ·

(0)

Hawaii Veterinary State Licensing Exam Questions And Answers

Exam (elaborations) ·

(0)

ACE GROUP FITNESS INSTRUCTOR EXAM 2024 WITH 100% ACCURATE SOLUTIONS

Exam (elaborations) ·

(0)

NSG 221 Herzing University -NSG 221 Exam 1 Set 1 fully solved

Exam (elaborations) ·

(0)

Arkansas Esthetician Written Exam Questions And Answers 2023

Exam (elaborations) ·

(0)

NCMA CPCM Practice Test Exam questions with verified answers

Exam (elaborations) ·

(0)

NURS 611 Patho Exam 2 Review-with 100% verified solutions-2023-2024

$56.59  5x  sold
  • (0)
Add to cart
Added