What elements comprise the FASB's conceptual framework?

Answer 1

The FASB's conceptual framework consists of the following four items:

1. Objectives of financial reporting.

2. Qualitative characteristics of accounting information.

3. Elements of financial statements.

4. Operating guidelines (assumptions, principles, and constraints).

yay

GT

Answer 2

The FASB's conceptual framework consists of the following four items:

1. Objectives of financial reporting.

2. Qualitative characteristics of accounting information.

3. Elements of financial statements.

4. Operating guidelines (assumptions, principles, and constraints).

yay

GT