bongekilekhoza198
Answered

At Westonci.ca, we provide reliable answers to your questions from a community of experts. Start exploring today! Experience the convenience of getting reliable answers to your questions from a vast network of knowledgeable experts. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

How does the conceptual Framework explain the role of stewardship? ​

Sagot :

ronaldgenbenitezangg

Answer:

The new Conceptual Framework emphasises that investors need information about both: • financial performance—income and expenses; and • financial position—assets, liabilities and equity. It also gives guidance on reporting financial performance.

Answer:

Providing information needed to assess management's stewardship is identified as an additional objective of financial reporting,

Explanation:

How does the Conceptual Framework explain the role of stewardship? A. Providing information needed to assess management's stewardship is identified as an additional objective of financial reporting, equal in prominence to providing financial information useful to users in making decisions relating to providing resources to the entity

                       

                        i hope this helped you! good luck on your quiz or lesson!

Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.