Does the current accounting framework meet the needs of the


QUESTION 1 Does the current accounting framework meet the needs of the users of financial reports as prescribed in the objective of the Conceptual Framework of Accounting?

QUESTION 2 How the conceptual framework revision to include Prudence is likely to address The disparity in Corporate Reporting is a requirement in your analysis.

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Accounting Basics: Does the current accounting framework meet the needs of the
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