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Framework vs Standards

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Framework vs Standards

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  • May 23, 2018 at 2:19 pm #453600
    narmeenzang
    Member
    • Topics: 8
    • Replies: 4
    • ☆

    Hi,

    To explain the difference between the framework and Standards would an example like this make sense?

    Similar as the UK Corporate Governance code (Framework) vs Sarbanes Oxley (Standards) be given?

    Thank you
    Naz

    May 24, 2018 at 1:24 pm #453736
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7060
    • ☆☆☆☆☆

    Hi,

    What is the example that you are referring to? There isn’t a difference between the framework and the standards, the standards are just a specific application of the fundamental concepts within the framework.

    Thanks

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