Conceptual_Framework_(2011)

《Conceptual_Framework_(2011)》由会员上传分享，免费在线阅读，更多相关内容在学术论文-天天文库。

1、FINANCIALREPORTINGSTANDARDTheConceptualFrameworkforFinancialReportingTheConceptualFrameworkwasissuedinFebruary2011anditsupersededtheFrameworkforthePreparationandPresentationofFinancialStatements.ConceptualFrameworkCONTENTSParagraphsFOREWORDINTRODUCTIONPurposeandstatusS

2、copeCHAPTERS1TheobjectiveofgeneralpurposefinancialreportingOB12Thereportingentitytobeadded3QualitativecharacteristicsofusefulfinancialinformationQC14TheFramework:theremainingtextTABLEOFCONCORDANCE2ConceptualFrameworkForewordTheAccountingStandardsCouncil(ASC)iscurrently

3、intheprocessofupdatingitsconceptualframework.Thisconceptualframeworkprojectisconductedinphases.Asachapterisfinalised,therelevantparagraphsintheFrameworkforthePreparationandPresentationofFinancialStatementswillbereplaced.Whentheconceptualframeworkprojectiscompleted,theA

4、SCwillhaveacomplete,comprehensiveandsingledocumentcalledtheConceptualFrameworkforFinancialReporting.ThisversionoftheConceptualFrameworkincludesthefirsttwochapterstheASCpublishedasaresultofitsfirstphaseoftheconceptualframeworkproject—Chapter1Theobjectiveofgeneralpurpose

5、financialreportingandChapter3Qualitativecharacteristicsofusefulfinancialinformation.Chapter2willdealwiththereportingentityconcept.TheASCpublishedanexposuredraftonthistopicinMarch2010withacommentperiodthatendedon1May2010.Chapter4containstheremainingtextoftheFramework.Th

6、etableofconcordance,attheendofthispublication,showshowthecontentsoftheFrameworkandtheConceptualFramework(2011)correspond.3ConceptualFrameworkIntroductionFinancialstatementsarepreparedandpresentedforexternalusersbymanyentitiesaroundtheworld.Althoughsuchfinancialstatemen

7、tsmayappearsimilarfromcountrytocountry,therearedifferenceswhichhaveprobablybeencausedbyavarietyofsocial,economicandlegalcircumstancesandbydifferentcountrieshavinginmindtheneedsofdifferentusersoffinancialstatementswhensettingnationalrequirements.Thesedifferentcircumstan

8、ceshaveledtotheuseofavarietyofdefinitionsoftheelementsoffinancialstatements:forexample,assets,liabilities,equity,inco