It stands for conceptual framework; a collection of fundamental concepts for general purpose financial reporting that is developed and used...

It stands for framework; a collection of fundamental concepts for general purpose financial reporting that is developed and used by...

The level of standardization of accounting information (e.g., items of financial statements) that makes the financial statements of different entities...

It stands for conceptual framework; a collection of fundamental concepts for general purpose financial reporting that is developed and used...

A collection of fundamental concepts for general purpose financial reporting that is developed and used by a standards-setter as a...

A collection of fundamental concepts for general purpose financial reporting that is developed and used by a standards-setter as a...

It stands for general purpose financial reporting; financial reporting that aims to accommodate the common information needs of a variety...

Financial reporting that aims to accommodate the common information needs of a variety of users, rather than a specific set...