Tag Archives | IASB

IASB’s Conceptual Framework: Subject-Matter and Uses

In this article we will discuss about the subject matter and uses of IASB’s conceptual framework. Subject-Matter of IASB’S Framework: IASB’s conceptual framework deals with: (a) The objective of financial statements; (b) The qualitative characteristics that determine the usefulness of information in financial statements, (c) The definition, recognition and measurements of the elements from which […]

Achievements of International Accounting Standards Board (IASB)

In this article we will discuss about the achievements of International Accounting Standards Board (IASB). The IASB started its activities in 2001 and immediately took a number of projects left in the pipeline from its predecessor. To promote convergence of accounting standards worldwide, the International Accounting Standards Board (IASB) is committed to developing, in the […]

shopify traffic stats