Conceptual framework: Difference between revisions
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imported>Doug Williamson (Create page. Source: IFRS webpage https://www.ifrs.org/issued-standards/list-of-standards/conceptual-framework/) |
imported>Doug Williamson (Expand second definition.) |
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Similar overarching guidelines in other contexts. | Similar overarching guidelines in other contexts, designed to encourage an analytical, structured approach to resolving problems by applying principles in a consistent way. | ||
Revision as of 08:37, 2 May 2018
1. International Financial Reporting Standards.
The Conceptual Framework for Financial Reporting, which sets out fundamental concepts for financial reporting and aims to ensure that Reporting Standards are conceptually consistent and that similar transactions are treated the same way.
2.
Similar overarching guidelines in other contexts, designed to encourage an analytical, structured approach to resolving problems by applying principles in a consistent way.
