The conceptual framework is a series of Statements of Financial Accounting Concepts (SFACs), taken as a whole, set the objectives, characteristics and other concepts that determine how financial ...

The Financial Accounting Standards Board has added two new chapters to its Conceptual Framework. Issued as “concept statements,” the chapters cover the elements of financial statements, and their ...

The International Accounting Standards Board issued a revised version of its Conceptual Framework for Financial Reporting, underpinning International Financial Reporting Standards. The Conceptual ...

“Modernizing software accounting guidance was a top priority identified by stakeholders during our last agenda consultation,” ...

The Ministry of Finance (MoF) organised a roundtable session to discuss the latest updates regarding the Federal Government’s ...