? 1. IASB’s Conceptual Framework

All IFRS and IAS are based on IASB's conceptual framework. (Conceptual Framework for Financial Reporting 2018)

However, this framework is not an international accounting standard. Nothing in this framework overrides any specific IAS or IFRSs. Where there is a conflict between framework and an specific standard, the requirements of accounting standard prevail over those of the Framework.

R 不是準則

R 不凌駕于任何準則之上

R 如遇沖突，準則優(yōu)先

The Conceptual Framework is currently as follows.

Chapter 1:The objective of general purpose financial reporting

Chapter 2:Qualitative characteristics of useful financial information

Chapter 3:Financial statements and the reporting entity

Chapter 4:The elements of financial statements

Chapter 5:Recognition and derecognition

Chapter 6:Measurement

Chapter 7:Presentation and disclosure

Chapter 8:Concepts of capital and capital maintenance