A Conceptual Framework for Financial Accounting and Reporting: Vision, Tool, or Threat?

First published in 1997. This volume is a collection of studies that look at the ’conceptual framework’ undertaken initially for the UK’s Accounting Standards Committee (’ASC’), and to consider how far the views expressed in them have stood the test of time as standard setters around the world have followed in the FASB’s footsteps.

RICHARD MACVE, MA, MSC, FCA Professor of Accounting London School of Economics and Political Science.