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Conceptual framework

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Conceptual framework

  • This topic has 1 reply, 2 voices, and was last updated 14 years ago by Ken Garrett.
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  • February 18, 2012 at 3:18 pm #51533
    lottoboy16
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    What is the conceptual framework in laymans terms?

    February 24, 2012 at 1:18 pm #94623
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10648
    • ☆☆☆☆☆

    IN terms of ethics it is the idea that there are fundamental ethical principles, threats to those and safeguards that the auditor must adopt.

    In terms of an assurance engagement is it the idea that:
    1 There is a three party involvement
    2 Subject matter
    3 Suitable criteria
    4 Evidence
    5 Report

    HTH

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