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the conceptual framework deals with the following issues: 1. the objective of fianancial reporting.                                                         ( 15 marks ) 2. the qualitative characteristics of useful financial information.              ( 15 marks ) 3. the elements of financial statements and their definitions.                   ( 15 marks ) 4. the recognition of the elements of financial statements.                       ( 15 marks ) 5.the measurements of elements of financial statements.                        ( 15 marks ) 6. concepts of capital and capital maintainance.                                        ( 15 marks ) required: illustrate with examples how the conceptual framework resolves each of these issues about 2000 words .

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the conceptual framework deals with the following issues: 1. the objective of fianancial reporting. ( 15 marks ) 2. the qualitative characteristics of useful financial information. ( 15 marks ) 3. the elements of financial statements and their definitions. ( 15 marks ) 4. the recognition of the elements of financial statements. ( 15 marks ) 5.the measurements of elements of financial statements. ( 15 marks ) 6. concepts of capital and capital maintainance. ( 15 marks ) required: illustrate with examples how the conceptual framework resolves each of these issues about 2000 words

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