The Financial Accounting Standards Board released a new chapter of its Conceptual Framework on the measurement of items recognized in financial statements, while also drawing that project to a close.

The International Accounting Standards Board has published for public comment a discussion paper exploring possible changes to the IASB s Conceptual Framework for Financial Reporting.

The objective of this study is to trace the influence of DR¹ Scott's writings on the development of accounting theory and standard setting. Scott's deductive approach to the development of a ...