This is an Accounting essay on discussing and criticizing the IASB Conceptual framework, please allocate it to a writer professional in this field.

This is an Accounting essay on discussing and criticizing the IASB Conceptual framework, please allocate it to a writer professional in this field. Please read through the Assignment instruction document I have uploaded carefully and follow the instructions when writing the essay. ESSEXIIUSINESSSCHOOL 38110 FINANCIAL REPORTING & ANALYSIS arm COURSEWORK QUESTION The lASB Conceptual Framework for Financial Reporting (the ‘Conceptual Framework') sets out the concepts that underlie the preparation and presentation of financial statements. According to llines (I980), the mtological assumption underpinning the .Conceptual Framework' is that the relationship between financial accounting and economic reality is unidirectional. reflecting or faithfully reproducing relationship which presuppose that economic reality exists objectively. intersubjcctivcly. concretely and independently of financial accounting practice (see p.3l5). In that sense. financial accounting reflects. mirrors. represents. or measures this pre-existent economic reality. Bernice-nut: l. "The conceptual framework is criticised for not fulfilling its functional objectives. principally that of providing a basis for guiding standard-setting and resolving accounting controversies". Critically discuss this statement taking into consideration the accouming principles. concepts and the focus of general purpose financial reporting outlined by the Conceptual framework NOTE: Your essay must not exceed 2000 words. excluding footnotes and bibliography. It should have a good structure: an introduction which specifies the purpose of the essay together with an indication of the structure (signposted). some understanding of the concepts, some illustration of the issues with examples and finally end with a summary and discussion. 10 marks will be awarded on the structure and referencing The date of submission of the coursework is Monday I9"‘ January 20 I 5. The electronic copy must be submitted by [2 noon. A watermarked paper copy must also be handed in to the E35 office (Room 5N.5.6) by 3pm on the date of the online submission. PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET AN AMAZING DISCOUNT :)

IS IT YOUR FIRST TIME HERE? WELCOME

USE COUPON "11OFF" AND GET 11% OFF YOUR ORDERS