The 4th EU Directive/IFRS Framework — Main Differences


The current IASB “Framework for the Preparation and Presentation of Financial Statements” derives mainly from the FASB US Conceptual Framework, developed in the 1970s and revised in 2001. The general idea of a conceptual framework is an attempt to evolve an internally consistent and comprehensive structure for all aspects of the financial accounting discipline.


Cash Flow Balance Sheet Intangible Asset International Financial Reporting Standard Purchase Price 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Betriebswirtschaftlicher Verlag Dr.Th. Gabler | GWV Fachverlage GmbH, Wiesbaden 2008

Personalised recommendations