Description
The questions on the Accounting Framework assesses the understanding and application of the concepts and principles of the Conceptual Framework. The questions focus on the following:
- the purpose and objectives of financial statements
- the components of financial statements
- how the financial statements are used by different users of financial statements
- the qualitative characteristics of financial statements
- the assumptions applied when preparing financial statements
- the elements of financial statements
the cost-benefit analysis of financial information
Reviews
There are no reviews yet.