أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
Explain whether conceptual frameworks are a necessary component of financial reporting?
Accounting Standards are needed for the following purposes 1. For bringing uniformity in accounting methods 2. For improving the reliability of the financial statements 3. To simplify the accounting information 4. To prevent fraud and manipulations 5. To help auditors
