Explain arguments for and against conceptual framework

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Reference no: EM132797186

Problem 1: The accounts of a medium-sized public company have been prepared but before they can be published certain notes must be drafted to explain the calculations of some of the figures in the accounts, and to show that the accounts conform to best accounting practice. As an accountant you are a member of the team engaged in writing these notes, with special responsibility for the note on accounting policies. Identify and explain arguments for and against conceptual framework

Reference no: EM132797186

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