User Account

All Pages

Discuss the notion that conceptual frameworks ?are created

Assignment Help Financial Accounting
Reference no: EM132609218

According to Deegan 2014 (p. 258) 'a number of writers have suggested that conceptual frameworks are created primarily to provide benefits to the parties that actually develop or commission the frameworks'. What does Deegan mean by this statement? Do you agree with Deegan, or do you think conceptual frameworks exist for other reasons? Justify your position.

The structure of the answer

Question 1: Discuss the notion that conceptual frameworks ?are created primarily to provide benefits to the parties that actually develop or commission the frameworks

Question 2: Discuss the alternate position regarding the development of conceptual frameworks, and outline the relevant beneficiaries

Question 3: Critically evaluate the points presented in the discussion of the conceptual framework

Reference no: EM132609218

Questions Cloud

How the expenditure would be treated for accounting : How the expenditure would be treated for accounting purposes. ForeverYoung Ltd is involved in the research and development of a new type of anti-age face cream.
Research questions under investigation : What were the research questions under investigation? What did the researchers find? How did they interpret the findings?
What in your opinion is the relevance of ipr : What in your opinion is the relevance of IPR in the fashion industry? What challenges do IP owners in this industry face? Make at least 3 suggestions through
What is the net income for the current year : During the current year, the entity issued share capital of P500,000 par value at a premium of P300,000. What is the net income for the current year
Discuss the notion that conceptual frameworks ?are created : Discuss the notion that conceptual frameworks ?are created primarily to provide benefits to the parties that actually develop or commission the frameworks
Business rules-information technology solution : Think about the company or organization you are using in this course and the information technology solution/project you are proposing.
What is the impact of each alternative for the shareholder : What is the impact of each alternative for the shareholder, assuming that the shares' market price changes proportionately with the alternative
Define the iasb and aasb conceptual frameworks : Define the IASB and AASB Conceptual Frameworks, including their objective of general purpose financial reporting. What does Deegan mean by this statement?
Which issues include in australia ageing : Australia's ageing population has produced some unique issues which will need to be addressed by current and future governments. These issues include

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd