Financial Accounting A (FACT7311)
Rosebank College
Here are the best resources to pass Financial Accounting A (FACT7311). Find Financial Accounting A (FACT7311) study guides, notes, assignments, and much more.
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The conceptual framework for financial reporting
- Class notes • 3 pages • 2022
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The Conceptual Framework elaborates on the basics of financial reporting and is the foundation on which the International Financial Reporting Standards (IFRS) are built. IFRS is a set of accounting rules and procedures to ensure consistency. Most countries have adopted
IFRS to standardise accounting processes and reporting. The Conceptual Framework also assists entities to develop their own accounting policies, in instances where there aren’t any applicable existing IFRS standards. Financial...
Class notes
The conceptual framework for financial reporting
Last document update:
ago
The Conceptual Framework elaborates on the basics of financial reporting and is the foundation on which the International Financial Reporting Standards (IFRS) are built. IFRS is a set of accounting rules and procedures to ensure consistency. Most countries have adopted IFRS to standardise accounting processes and reporting. The Conceptual Framework also assists entities to develop their own accounting policies, in instances where there aren’t any applicable existing IFRS standards. Financial...
R150,00
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