+1-415-670-9189
info@expertsmind.com
Describe the iasb conceptual framework''s
Course:- Accounting Standards
Length: 12
Reference No.:- EM13327




Assignment Help
Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Accounting Standards

"International accounting standards are ‘unusable" from an investor's viewpoint and make ‘global allocation of capital more complex instead of simplifying it". Chief financial officers at large listed entities say. Millions of dollars have been spent adopting international financial reporting standards to help investors make like-for-like comparisons between companies in global capital markets. But CFO's say they are useless and have driven financial disclosures to unmanageable levels.

International financial reporting standard (IFRS) issued by the international accounting standard board (IASB) became a benchmark for the accounting world. IFRS can be explained as a set of international accounting standards that shows the basis of reporting in financial statements".

Content of report

• Introduction of international financial reporting standard.

• IASB conceptual framework perspective of users and their decisions.

• IASB conceptual framework not satisfied by companies

• Opinion

• Recommendations

• Conclusion

• References

In our research we had gone through all the benefit of IASB conceptual framework for the investors and as well as for their needs.




Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Accounting Standards) Materials
Compare the accounting treatment of dividends appropriated from pre-control and post control equities of a subsidiary. Consider the accounting by the companies paying and re
Beverly Crusher is a licensed CPA. During the first month of operations of her business (a sole proprietorship), the following events and transactions occurred. April 2 Inv
Compare growth of revenues versus income over time and between the two companies and how can you explain the difference in profitability between the two companies?
Produce a final schedule of liquidation for this partnership and the partnership of Frick, Wilson, and Clarke has elected to cease all operations and liquidateits business pr
Prepare journal entries to record these liquidation transactions and prepare journal entries to record the preceding transactions on the assumption that the bonus (or no reva
The general manager suggested capitalizing more of the company's product development costs and amortizing additional capitalized amounts over five years, using the straight
b, Explain how this might affect the quality of decision useful information for shareholders.2. IAS 21 requires that the temporal and net investment methods are used upon the
Find the Fed's Monetary Policy Report to Congress. Read Section 1, "Monetary Policy and the Economic Outlook." What was the Fed trying to do with monetary policy from 2009 t