The qualitative characteristics of relevance, faithful representation and comparability identified in the IASBs Framework for...
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Accounting
The qualitative characteristics of relevance, faithful representation and comparability identified in the IASBs Framework for the preparation and presentation of financial statements (Framework) are some of the attributes that make financial information useful to the various users of financial statements. Required: Discuss the concept of relevance, faithful representation and comparability and how they make financial information useful.
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