F1 M1 Conceptual Framework Flashcards
1
Q
What are the qualitative characteristics of Useful Financial information?
A
Relevance
Predictive Value
Confirmatory Value
Materiality
Faithful Representation
Complete
Neutral
Free from error
What are the qualitative characteristics of Useful Financial information?
Relevance
Predictive Value
Confirmatory Value
Materiality
Faithful Representation
Complete
Neutral
Free from error