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
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