The Secretariat of the ASB has published a short YouTube video titled The Role and Purpose of the Conceptual Framework. This video provides a brief overview of how the Conceptual Framework guides the development of accounting standards, enhances transparency, and supports decision-making.

The principles are covered in FAQ 1.1 What is the role of the Conceptual Framework and when is it applied? and FAQ 1.2 What is the effective date of the Conceptual Framework?

🔗Access the recording on our YouTube Channel.

💡The ASB YouTube channel also has other useful videos on topical public sector accounting matters as part of the initiative Enhancing the Application of Standards of GRAP.

🌐The presentations for this video and others are available on the ASB website.

Disclaimer

The article has been prepared by the Secretariat of the ASB for information purposes only. It has not been reviewed, approved, or otherwise acted on by the Board.