Search results with tag "General purpose financial"
INTERNATIONAL STANDARD ON AUDITING 700 FORMING …
www.ifac.org(a) General purpose financial statements – Financial statements prepared in accordance with a general purpose framework. (b) General purpose framework – A financial reporting framework designed to meet the common financial information needs of a wide range of users. The financial reporting framework may be a fair
Qualitative Characteristics of Financial Information
www.aasb.gov.auPurpose Financial Reporting" identifies the objective of general purpose financial reporting as the disclosure of information useful to users for making and evaluating decisions about the allocation of scarce resources. When general purpose financial reports meet this objective they will also be the means by which preparers of such reports ...
Prototype General Requirements for Disclosure of ...
www.ifrs.orgto users of general purpose financial reporting in making decisions about whether to provide economic resources to the entity. The [Draft] Standard also seeks to enhance connectivity within the entity’s general purpose financial reporting, including between the entity’s financial statements and sustainability-related financial information.
Conceptual Framework for Financial Reporting - kasb.or.kr
www.kasb.or.krSTATUS AND PURPOSE OF THE CONCEPTUAL FRAMEWORK SP1.1 The Conceptual Framework for Financial Reporting (Conceptual Framework) describes the objective of, and the concepts for, general purpose financial reporting. The purpose of the Conceptual Framework is to: (a) assist the International Accounting Standards Board (Board) to develop
Financial Reporting under the Cash Basis of Accounting
www.ifac.orggeneral purpose financial statements under the cash basis of accounting. It defines the cash basis of accounting, establishes requirements for the disclosure of information in the financial statements and supporting notes, and deals with a number of specific reporting issues. The requirements in