Professional Documents
Culture Documents
Framework
CA DR. PRIYA AGASHE
Learning Outcomes
Objectives of
FS
Definition,
recognition
and
Framework Qualitative
measurement deals with aspects
of elements
Vendors
Public Customers
Managem
Employees
ent
Investors / Governme
Lendors of nt
Capital Agencies
Going Concern
Accrual
Relevance /
Understandability Comparability Reliability
Materiality
Timeliness
Cost &
Benefit
Comparison
Balance
between
Qualitative
Information
Asset
Expense Liability
Income Equity
Fair
Value
Present
Value
Tools
Current
Cost
Historical
Cost