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Is the iasb justified in focusing purely of financiers

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Reference no: EM132690295

Critical Review of the Conceptual Framework

Problem 1: In the 2018 conceptual framework, the IASB has stated that the objective is to provide useful financial information to parties that provide finance to a reporting entity, whereas the 1989 conceptual framework document acknowledged a wider range for users of financial reports. is the IASB justified in focusing purely on the needs of financiers for financial information?

Problem 2: critically evaluate IASB'S justification with references to the literature. Also state the reasoning underlying your view.

Reference no: EM132690295

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