Transcription of AASB Conceptual Framework
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Conceptual Framework AASB May 2019 Conceptual Framework for Financial Reporting AASB Conceptual Framework 2 COPYRIGHT Obtaining a copy of this Conceptual Framework This Conceptual Framework is available on the AASB website: Australian Accounting Standards Board PO Box 204 Collins Street West Victoria 8007 AUSTRALIA Phone: (03) 9617 7600 E-mail: Website: Other enquiries Phone: (03) 9617 7600 E-mail: COPYRIGHT Commonwealth of Australia 2019 This AASB Conceptual Framework contains IFRS Foundation copyright material. Reproduction within Australia in unaltered form (retaining this notice) is permitted for personal and non-commercial use subject to the inclusion of an acknowledgment of the source.
AASB CONCEPTUAL FRAMEWORK 8 STATUS AND PURPOSE STATUS AND PURPOSE OF THE CONCEPTUAL FRAMEWORK SP1.1 The 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 Australian Accounting Standards Board (Board) to develop …
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