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Clarifications on words

Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › Clarifications on words

  • This topic has 5 replies, 2 voices, and was last updated 2 years ago by mrjonbain.
Viewing 6 posts - 1 through 6 (of 6 total)
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  • September 14, 2022 at 8:16 am #666328
    asmita10
    Participant
    • Topics: 3
    • Replies: 11
    • ☆

    in the technical articles
    it refers to ‘the board’, and then says the framework –> Am i correct to assume the ‘board’ is the IASB and the Framework is the framework

    E..g. Conceptual framwork article “The Board believes that this uncertainty is best dealt with in the recognition or measurement of items, rather than in the definition of assets or liabilities.”…. who is the BOARD?

    September 14, 2022 at 11:24 am #666367
    mrjonbain
    Moderator
    • Topics: 6
    • Replies: 2429
    • ☆☆☆☆☆

    Could you please give the name of the technical article or a link to the technical article because I believe the context around the quote in the article will be important in order to give an accurate answer to your question. I think without the context that your impression may be correct.

    September 14, 2022 at 1:44 pm #666375
    asmita10
    Participant
    • Topics: 3
    • Replies: 11
    • ☆

    https://www.accaglobal.com/gb/en/student/exam-support-resources/professional-exams-study-resources/strategic-business-reporting/technical-articles/conceptual-framework.html

    September 14, 2022 at 3:09 pm #666382
    mrjonbain
    Moderator
    • Topics: 6
    • Replies: 2429
    • ☆☆☆☆☆

    I have read the article. Your interpretation is correct- the board is the IASB. Hope this helps.

    September 15, 2022 at 1:26 pm #666488
    asmita10
    Participant
    • Topics: 3
    • Replies: 11
    • ☆

    THANK YOU, IT DOES

    September 15, 2022 at 2:11 pm #666490
    mrjonbain
    Moderator
    • Topics: 6
    • Replies: 2429
    • ☆☆☆☆☆

    You are welcome.

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