The International Accounting Standards Board's (IASB's) Conceptual Framework includes all of the following except:
A) Objective of financial reporting.
B) Supplementary information
C) Elements of financial statements.
D) Qualitative characteristics of accounting information.

Question

Quizplus · Accepted Answer

The International Accounting Standards Board's (IASB's) Conceptual Framework includes the objective of financial reporting, elements of financial statements, and qualitative characteristics of accounting information. It does not include supplementary information as a part of its framework.

The International Accounting Standards Board's (IASB's) Conceptual Framework Includes All