bongekilekhoza198
Answered

Welcome to Westonci.ca, the place where your questions find answers from a community of knowledgeable experts. Get quick and reliable solutions to your questions from a community of seasoned experts on our user-friendly platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our 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!

We hope this was helpful. Please come back whenever you need more information or answers to your queries. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.