Qualitative characteristics – ACCA SBR
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I think stewardship is way of Management, or direction provided by the directors of the company.
What is meant by prudence?
What is meant by stewardship?
I think stewardship is way of Management, or direction provided by the directors of the company.
Stewardship is taking care of another persons property. In the case of business, directors are taking care of the shareholders business
Hi Sir,
Do we really need to know this characteristics and all in detail in the sense that whether these will be tested in the exam?
In my experience, we are rarely asked this directly. But it’s useful to have this knowledge while answering questions.