Regulatory Framework Chapter 02

13,059 views
12,671 views

Published on

0 Comments
6 Likes
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total views
13,059
On SlideShare
0
From Embeds
0
Number of Embeds
102
Actions
Shares
0
Downloads
336
Comments
0
Likes
6
Embeds 0
No embeds

No notes for slide
  • Period of exposure for public comment is 90 days. In exceptional circumstances proposal may be issued with comment period of 60 daysDraft interpretation are exposed for a 60 days comment period.
  • Regulatory Framework Chapter 02

    1. 1. Regulatory Framework<br />ACCA – Paper F 7 Financial Reporting – by SBM : School of Business and Management<br />1<br />REGULATORY FRAMEWORK<br />Financial Reporting<br />
    2. 2. Regulatory Framework ACCA – Paper F 7 Financial Reporting – by SBM : School of Business and Management<br />2<br />REGULATORY FRAMEWORK<br />
    3. 3. FRAMEWORKPrinciples-based versus rules-based systems<br />Regulatory Framework ACCA – Paper F 7 Financial Reporting – by SBM : School of Business and Management<br />3<br />
    4. 4. Regulatory Framework ACCA – Paper F 7 Financial Reporting – by SBM : School of Business and Management<br />4<br />FRAMEWORKProblems of a principles-based system<br />
    5. 5. Conceptual Framework ACCA – Paper F 7 Financial Reporting – by SBM : School of Business and Management<br />5<br />
    6. 6. Conceptual Framework ACCA – Paper F 7 Financial Reporting – by SBM : School of Business and Management ; www.ifrsmultiplyer.com<br />6<br />IASB<br />
    7. 7. Conceptual Framework ACCA – Paper F 7 Financial Reporting – by SBM : School of Business and Management ; www.ifrsmultiplyer.com<br />7<br />IASB - Objectives<br />
    8. 8. Conceptual Framework ACCA – Paper F 7 Financial Reporting – by SBM : School of Business and Management ; www.ifrsmultiplyer.com<br />8<br />IASB - Structure<br />
    9. 9. Conceptual Framework ACCA – Paper F 7 Financial Reporting – by SBM : School of Business and Management ; www.ifrsmultiplyer.com<br />9<br />IASB - Structure<br />
    10. 10. Conceptual Framework ACCA – Paper F 7 Financial Reporting – by SBM : School of Business and Management ; www.ifrsmultiplyer.com<br />10<br />IASB - Structure<br />
    11. 11. Conceptual Framework ACCA – Paper F 7 Financial Reporting – by SBM : School of Business and Management ; www.ifrsmultiplyer.com<br />11<br />IASB - Structure<br />
    12. 12. Conceptual Framework ACCA – Paper F 7 Financial Reporting – by SBM : School of Business and Management ; www.ifrsmultiplyer.com<br />12<br />IASB – International influences<br />
    13. 13. Conceptual Framework ACCA – Paper F 7 Financial Reporting – by SBM : School of Business and Management ; www.ifrsmultiplyer.com<br />13<br />IASB – International influences<br />
    14. 14. Conceptual Framework ACCA – Paper F 7 Financial Reporting – by SBM : School of Business and Management<br />14<br />
    15. 15. Conceptual Framework ACCA – Paper F 7 Financial Reporting – by SBM : School of Business and Management ; www.ifrsmultiplyer.com<br />15<br />IFRS – Due Process – The agenda initially set by discussion with SAC<br />
    16. 16. Conceptual Framework ACCA – Paper F 7 Financial Reporting – by SBM : School of Business and Management ; www.ifrsmultiplyer.com<br />16<br />IFRS – Co-ordination with National standard setters<br />
    17. 17. Conceptual Framework ACCA – Paper F 7 Financial Reporting – by SBM : School of Business and Management ; www.ifrsmultiplyer.com<br />17<br />IFRS – Liaison members<br />
    18. 18. Conceptual Framework ACCA – Paper F 7 Financial Reporting – by SBM : School of Business and Management ; www.ifrsmultiplyer.com<br />18<br />IFRS<br />
    19. 19. Conceptual Framework ACCA – Paper F 7 Financial Reporting – by SBM : School of Business and Management ; www.ifrsmultiplyer.com<br />19<br />IFRS<br />
    20. 20. Conceptual Framework ACCA – Paper F 7 Financial Reporting – by SBM : School of Business and Management ; www.ifrsmultiplyer.com<br />20<br />World-wide effect of IFRS & IASB<br />
    21. 21. Conceptual Framework ACCA – Paper F 7 Financial Reporting – by SBM : School of Business and Management ; www.ifrsmultiplyer.com<br />21<br />World-wide effect of IFRS & IASB<br />

    ×