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
