The Conceptual Framework for Financial Reporting

**This is a new re-make of our IASB Conceptual Framework - Financial Accounting (FA) & Reporting (FR) – ACCA & CIMA masterclass**

Kaplan Tutor Belinda Wargent talks through the Conceptual Framework for Financial Reporting. Belinda explains the main elements to the framework with examples. This video is relevant to Financial Accounting and Reporting papers across ACCA and CIMA.

MORE ACCA & CIMA REVISION:

00:00 - 00:50 Intro
00:50 - 01:57 Why do we need a framework?
01:57 - 5:58 What is the framework?
05:58 - 09:49 The Purpose of Financial Reporting
09:49 - 17:16 Qualitative Characteristics
17:16 - 21:19 The Elements
21:19 - 24:55 Recognition Criteria
24:55 - 27:51 Decrecognition Criteria
27:51 - 30:15 Measurement
30:15 - 35:30 Presentation and Disclosure
35:30 - 35:44 Outro

[Sungu_r]

The fact that you do the teaching better than my lecturer Thank you sm

[nubosite]

The best on the topic I’ve heard. Made it all make sense, now you can just follow the logic, no need to cram. Thanks!

[Just_emmy]

Hello, I wish it was possible to give this lecture a double like...Thanks a million, you made IASB framework very easy to understand and comprehend

[ghalafakeeh]

Such an amazing explanation thank you! You've saved my life.

[Sungu_r]

May you also do a video of revenue from contracts with customers

[yalewabreha]

Thank you for your precise presentation ❤

[aslihassan]

Is there a way to get that power point you are explaining?? 😢

[Ckm_lover]

I literally study the whole chapter in 30 min for my exam tomorrow thank you so much

[educationalconcepts.]

Mam You have a 11 year daughter? you are so young

[fitnessconcept]

Hi mam respect I am also u tuber I want to discuss about topic