In the conceptual framework for financial reporting, what provides "the why"--the goals and purposes of accounting?

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The objective of financial reporting is what provides "the why"--the goals and purposes of accounting. The measurement and recognition concepts, qualitative characteristics, and elements of financial statements all support and serve to achieve the objective of financial reporting. However, the ultimate goal and purpose of accounting is established by the objective of financial reporting.

In the Conceptual Framework for Financial Reporting, What Provides "The