before we start 2 2 the views expressed are those of the presenters not necessarily those of the international accounting standard board board or the ifrs foundation the slides used ...
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...Before we start the views expressed are those of presenters not necessarily international accounting standard board or ifrs foundation slides used in this presentation available for download on conceptual framework implementation project webpage to ask a question type it into designated text box your screen and click submit you can questions at any time during ll try answer them end agenda today s webinar will provide brief introduction revised discuss what is its role financial reporting main concepts practical tool that assists preparers all develop standards consistent understand policies interpret addresses fundamental issues assets liabilities equity objective makes income expenses when should information useful they be recognised how measured presented disclosed why did revise previous version but some improvements needed incomplete out date unclear filled gaps updated example clarified definitions an asset roles stewardship measurement liability recognition criteria prudence dis...