Users of Financial statements rely on IASB frameworks qualitative characteristics of relevance, faithful representation...

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Accounting

Users of Financial statements rely on IASB frameworks qualitative characteristics of
relevance, faithful representation and comparability to prepare and present Financial
statements.
Required with references:
Explain what is meant by:
i. Relevance
ii. Faithful representation
iii. Comparability and how they make financial information useful.

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