Qualitative Characteristics of Financial Statements
Financial Statements The financial statements including the notes thereto and supporting schedules if any included in. The qualitative characteristics of financial statements are quite important. Review Ifrs Basic Concept Fundamental Qualitative Characteristics Basic Concepts Fundamental Guided Math The report has been prepared analysing the various factors such as the. . The following points highlight the top eleven characteristics of accounting information. 10 Qualitative Characteristics Of Financial Statements. Comparability The characteristic of comparability implies that users of financial statements must be able to compare aspects of. The fundamental qualitative characteristics are relevance and faithful representation. The information must be relevant to the needs of the users which is when the info influences their. The report has been prepared analysing the various factors such as the qualitative.