CPC 00 - Conceptual Structure for Financial Reporting

CFC SCORE: AUD 2, CMN2, SUSEP 2, ProGP 2, Expert 2, PREVIC 2, ProRT 2

Program:

• Overview.
• Status and purpose of the conceptual framework.
• Purpose, Usefulness, and Limitations of General Purpose Financial Reporting.
• Information about the reporting entity's economic resources, claims against the entity, and changes in resources and claims.
• Information on the use of the entity's economic resources.
• Qualitative characteristics of financial information and cost constraints on useful financial reports.
• Financial statements and the entity that reports financial statements.
• Elements of the financial statements.
• Recognition and derecognition.
• measurement. Presentation and Dissemination.

Target audience: Controllership, accounting and finance professionals, including accountants, auditors, analysts, consultants and other interested parties.