The Frameworks Chapter Two

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The Frameworks Chapter Two
  1. Accountancy Equations
    1. Assets - Liabilities = Capital
      1. Show the relationship between the elements of the financial statements
      2. Measurement Bias
        1. Historical Cost
          1. Realisable Value
            1. Current Cost
              1. Present Value
              2. Ethical Principles
                1. Fundamental principles
                  1. Integrity
                    1. Objectivity
                      1. Professional Competence and Due Care
                        1. Confidentiality
                          1. Professional behaviour
                          2. Threats
                            1. Self Interest
                              1. Self Review
                                1. Familiarity
                                  1. Intimidation
                                  2. Safeguards
                                    1. Created by the professional
                                      1. In the work environment
                                    2. Accountancy Standard
                                      1. International Accountancy standards
                                        1. International finance reporting standards
                                        2. Conceptual framework
                                          1. Elements of financial statement
                                            1. Underlying assumption
                                              1. Fundamental qualities characteristics
                                                1. Enhancing qualitative characteristics
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