#2327 new
sonia khan

Conceptual framework in accounting?

Reported by sonia khan | February 11th, 2019 @ 07:43 AM

The conceptual framework is a sort of blue-print for acceptable accounting methods.

Most countries in the world have adopted the International Accounting Standards (IASs) and International Financial Reporting Standards (IFRSs) as their required accounting treatment in their jurisdictions.

The US is still one of the few countries who have not fully accepted IASs and IFRSs because they have their own standards (US GAAP).

Below are the pros and cons of a single conceptual framework.
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Comments and changes to this ticket

  • khurasheed

    khurasheed March 27th, 2019 @ 12:11 PM

    When it comes to the theoretical framework then it has been said that it is a kind of blue-print for satisfactory accounting approaches. Most republics in the world have accepted the International Accounting Standards and International Financial Reporting Standards as their obligatory accounting action in their authorities. I took assignment from Copycrafter.net last week. The America is still one of the rare republics who have not completely recognized IASs and IFRSs because they have their own values. This conceptual framework is way too important in accounting as well as in industries and corporations. You can get to know more about the advantages and disadvantages of this framework by browsing the topic online and will find much more about it. Mostly corporations have their own exclusive standards that vary from one another. Accounting students can also take help from various sources as they would probably are better at applying these concepts in their practical lives.

  • Chloe Mitchel

    Chloe Mitchel April 24th, 2019 @ 04:37 PM

    If I were to buy a quality essay, I would not choose the service by its price. The first thing that you have to notice by visiting the essay writing service is how quality the essay will be. There should be a description of features that are offered by that service. The last thing should be about the price. A great example of such service is https://qualityessay.com/.

  • denis_richard

    denis_richard April 24th, 2019 @ 06:34 PM

    The conceptual framework is known as a sort of blueprint for satisfactory secretarial approaches. Most republics in the world have accepted the International Accounting Standards and International Financial Reporting Standards as their obligatory accounting action in their authorities. I guess I asked about wdassociation.org from them. America is still one of the few republics who has not completely recognized IASs and IFRSs because they have their own values.

  • kellyefron

    kellyefron May 22nd, 2019 @ 12:31 PM

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<h2>Play framework</h2>

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