The FASB’s Conceptual Framework - SAGE Publications Inc

standards and that prescribes the nature, function, and limits of financial accounting and financial statements.” 2. The conceptual framework is an attempt to provide a metatheoretical structure for financial accounting. The project now includes eight statements of financial accounting concepts, initiated by an important discussion memorandum. ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download