Which of the following appears to be most influential in developing the objectives of financial reporting and a number of other concepts that have been used as a basis for most conceptual framework projects?
A) Accounting Principles Board (APB) Statement No 4 (1970)
B) The Trueblood Report (1973)
C) The UK Corporate Report (1976)
D) The Stamp Report (1980)

Question

Quizplus · Accepted Answer

The Trueblood Report (1973) is considered highly influential in shaping the objectives of financial reporting and has been foundational for many conceptual framework projects.

Which of the Following Appears to Be Most Influential in Developing