The Revised Conceptual Framework (2018).

The principles and concepts that underpin the preparation and presentation of financial statements is coined as the Conceptual Framework. This was established by the IASB to provide guidance on the preparation of financial statement which enhanced comparability and consistency. The framework had experienced some revisions, i.e. a partial one in 2010 and a full revision in 2018. This video is based on the 2018 revised framework; thus, categorized under the 7 chapters. This video will enable students as well as relevant stakeholders in understanding everything about the revised conceptual framework. So jump to the video and lets learn together. Thank you. #IASIFRS #ConceptualFrameworkofAccounting #financialreporting #ICAG #ACCA #SBR #CorporateReporting #AccountingStandards #IAS #IFRS