Abstract
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.
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© 2008 Betriebswirtschaftlicher Verlag Dr.Th. Gabler | GWV Fachverlage GmbH, Wiesbaden
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(2008). The 4th EU Directive/IFRS Framework — Main Differences. In: IFRS for Small and Medium-Sized Enterprises. Gabler. https://doi.org/10.1007/978-3-8349-9754-8_5
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DOI: https://doi.org/10.1007/978-3-8349-9754-8_5
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