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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Conceptual framework
What is the conceptual framework in laymans terms?
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
