What is the definition of an asset?
What is the definition of a liability?
What is the definition of equity?
What is the definition of income?
What is the definition of an expense?
What are the 5 elements of the financial statements?
What is the process of recognition of the elements of financial statements
Measuring the elements of financial statements
What are the 4 key measurement techniques?
What are the main purpose of accounting standards?
What are the duties & responsibilities of directors?
What are the objectives of the Conceptual Framework?
Who are the secondary users of financial statements according to the Conceptual Framework?
What are the secondary users of Financial statements interested in ?
What 2 categories are the qualitative characteristics of useful financial information categorised in?
What are the fundamental qualitative characteristics
What are the enhancing qualitative characteristics?
What other consideration should be given when reporting information?
What is the underlying assumption when preparing financial statements?
What is the accounting equation?