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The Conceptual Framework Assessment Answer

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The Conceptual Framework for Financial Assignment Help

TASK

To assist the Board in the development of future IFRSs and in its review of existing IFRSs;

to assist the Board in promoting harmonisation of regulations, accounting standards and procedures relating to the presentation of financial statements by providing a basis for reducing the number of alternative accounting treatments permitted by IFRSs;

to assist national standard-setting bodies in developing national standards;

to assist preparers of financial statements in applying IFRSs and in dealing with topics that have yet to form the subject of an IFRS;

to assist auditors in forming an opinion on whether financial statements comply with IFRSs;

to assist users of financial statements in interpreting the information contained in financial statements prepared in compliance with IFRSs; and

to provide those who are interested in the work of the IASB with


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