Demystifying Financial Reporting: Your Guide to International Standards || FinGenie Consulting

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In this comprehensive video, we delve deep into the intricacies of international standards, demystifying financial reporting for you. Whether you're a seasoned professional or just starting out, our expert guide will provide you with the knowledge and tools you need to navigate this complex landscape with confidence.

Join us as we break down key concepts, explore best practices, and offer practical insights to help you master financial reporting. With FinGenie Consulting as your trusted partner, you'll gain the expertise needed to ensure accuracy, compliance, and transparency in your financial reporting processes.

Don't miss out on this invaluable resource. Watch now and take your financial reporting skills to the next level with FinGenie Consulting!
The Conceptual Framework being the single reference document helps avoid inconsistencies in accounting treatments.!

The Conceptual Framework is divided into eight chapters, namely:
1. The objective of general-purpose financial reporting.!
2. Qualitative characteristics of useful financial information.!
3. Financial statements and the reporting entity.!
4. The elements of financial statements.!
5. Recognition and derecognition.!
6. Measurement.!
7. Presentation and disclosure.!
8. Concepts of capital and capital maintenance.!

The Conceptual Framework provides the foundation for Standards! which are IASs! and IFRSs! that are:
a. Comparability.
b. Enabling investors to make decisions.
c. Strengthen accountability.
d. Reduce Cost of Capital.

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👨‍💼 Moeez Hassan
📞 +92-335-0488666

Let me know if you need any further adjustments!

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