Critically discuss the development of the Conceptual Framework for Financial Reporting.

Critically discuss the development of the Conceptual Framework for Financial Reporting.

Submit a written individual report which addresses a specific topic of investigation. Report should reflect independent research investigation.

The Individual Report must be in a report format, i.e., the content is split into several logical sections and sub-sections. These sections should include: an executive summary, introduction, main section of the report, conclusion and reference list. One of the sections in your report should include discussion of the relevant theory/theories.