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CH 6.

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › CH 6.

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by P2-D2.
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  • June 16, 2021 at 4:47 am #625379
    7fsa
    Participant
    • Topics: 58
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    • ☆☆

    Hi Chris,

    How are you?
    I hope you are well and safe,

    It’s mentioned in Kaplan textbook in chapter 6, page#120 the following,
    In UK there is a principles-based framework in terms of the statement of principles and accounting standards.
    But I haven’t seen statement of principles in the syllabus can you help me please I don’t what are kinds of principles in UK?

    Thanks in advance.

    June 19, 2021 at 7:47 am #625769
    P2-D2
    Keymaster
    • Topics: 4
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    • ☆☆☆☆☆

    Hi,

    I’m very well, thanks. I hope it’s the same for you.

    Yes, you will not see this mentioned in the syllabus as it is not included on it given that it relates to UK GAAP and not IFRS.

    So, don’t worry about it.

    Thanks

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