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:
• ACCA and 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

[@ghalafakeeh]

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

[@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!

[@KaplanUK-EN]

Glad you think so!

[@Just_emmy1]

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

[@rolfarts7584]

😊😮😊😮😮😮😊

[@rolfarts7584]

😊😊😊😊

[@yalewabreha7790]

Thank you for your precise presentation ❤

[@rabituljass5317]

Thanks, Kaplan!

[@alokoberoy5335]

What an explanation 💓

[@thamelamanda2436]

this is the best explanation

[@richiet293]

Thanks so much really appreciated

[@sarahsimz7127]

Thank very much the explanation

[@abdulaifarrahmansaray665]

Thanks you very much 👍

[@Sungu_r]

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

[@user-vo7kg6pc9h]

Vey useful. Thanks 🙏

[@user-fz5uc3iu1z]

i love this lady :)

[@Ckm_lover]

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

[@tanishkpriyadarshi5270]

is this enough and did it helped you ? i have exam tomorrow as well

[@Ckm_lover]

@@tanishkpriyadarshi5270 yes really helpful and I passed. But there's other chapter to cover

[@tanishkpriyadarshi5270]

@@Ckm_lover what do u mean by other chapters ?

[@Ckm_lover]

@@tanishkpriyadarshi5270 in my school we have 5 chapters so this one is basically the resume of 2 or 3. I don't know yours. But it's good

[@tanishkpriyadarshi5270]

@@Ckm_lover I see, Im going to have 8 chapter exam, so this covers only 1 chapter as well

[@hassanabbas313]

Ias 7 cash flow

[@fitnessconcept5196]

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

[@educationalconcepts.640]

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