ACC2233 - Conceptual framework for financial reporting

Assalamualaikum and dear students

The Conceptual Framework is applicable for the preparation and presentation of financial statements in accordance with the MFRS Framework or the Financial Reporting Standards (FRS) Framework. The Conceptual Framework is equivalent to The Conceptual Framework for Financial Reporting as issued by the IASB.

Below is the hardcopy of the conceptual framework. It is a 39 pages framework. Hahahahaha. A good read, very long sleepy paragraph but it's worth it...and here it is!

The Conceptual Framework for Financial Accounting and Reporting

take a look at this video first explaining the framework...