IFRS Essentials

Preface xvii

Abbreviations xix

The Conceptual Framework for Financial Reporting 1

1 Introduction 1

2 The Objective of General Purpose Financial Reporting 1

3 Going Concern 2

4 Qualitative Characteristics of Useful Financial Information 2

4.1 Introduction 2

4.2 Fundamental Qualitative Characteristics 2

4.2.1 Relevance 3