financial reporting assignment

 

 the conceptual framework deals with the following issues:
 
1. the objective of fianancial reporting.                                                         ( 15 marks )
2. the qualitative characteristics of useful financial information.              ( 15 marks )
3. the elements of financial statements and their definitions.                   ( 15 marks )
4. the recognition of the elements of financial statements.                       ( 15 marks )
5.the measurements of elements of financial statements.                        ( 15 marks )
6. concepts of capital and capital maintainance.                                        ( 15 marks )
 
required:
illustrate with examples how the conceptual framework resolves each of these issues
about 2000 words