Dr Nick

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About Dr Nick

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
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Teaching Since: May 2017
Last Sign in: 340 Weeks Ago, 1 Day Ago
Questions Answered: 19234
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Education

  • MBA (IT), PHD
    Kaplan University
    Apr-2009 - Mar-2014

Experience

  • Professor
    University of Santo Tomas
    Aug-2006 - Present

Category > Accounting Posted 09 Jun 2017 My Price 15.00

Conceptual Framework for Financial Reporting 2010

The “New Zealand Equivalent to the IASB Conceptual Framework for Financial Reporting 2010 (NZ Framework)” states the following as the primary objective of general purpose financial reporting

“The objective of general purpose financial reporting (GPFS) is to provide financial information about the reporting entity that is useful to existing and potential investors, lenders and other creditors in making decisions about providing resources to the entity” (OB2).

Required:

Critically evaluate whether GPFS can fulfil the information demand as specified in OB2.

Your assignment will primarily be evaluated on how well you provide a critical evaluation of whether GPFS can fulfil the information demand specified in the conceptual framework. Critical evaluation requires you to state your conclusion based on logical arguments for and against a particular idea. You should provide your opinion in a coherent manner. Although we don’t expect students to conduct rigorous research in answering this question, a little amount of research evidence would yield higher marks. 

 

Answers

Dr Nick
(4)
Status NEW Posted 09 Jun 2017 08:06 AM My Price 15.00

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