What is the underlying theme of conceptual framework?

What is the underlying theme of conceptual framework?

Decision usefulness is the underlying theme of the conceptual framework.

Is the conceptual framework part of GAAP?

Conceptual frameworks can apply to many disciplines, but when specific ally related to financial reporting, a conceptual framework can be seen as a statement of generally accepted accounting principles (GAAP) that form a frame of reference for the evaluation of existing practices and the development of new ones.

What is creating a framework?

A framework is the basic structure of something. It’s a set of ideas or facts that provide support for something. In the case of business problems, a framework creates the basic structure that gives focus and support to the problem you’re trying to solve.

What is basic framework?

: the basic structure of something : a set of ideas or facts that provide support for something. : a supporting structure : a structural frame.

How do you present a framework?


  1. Define goals of a presentation. Explain the goals of a presentation and what kind of feedback you’re looking for.
  2. Set context. Even when all listeners are familiar with a project they may have different perspectives on it.
  3. Focus on the problem.
  4. Introduce solution.
  5. Provide next steps.

Why Scrum is a framework?

Scrum is a framework that helps teams work together. Much like a rugby team (where it gets its name) training for the big game, scrum encourages teams to learn through experiences, self-organize while working on a problem, and reflect on their wins and losses to continuously improve.

Is a conceptual framework a theory?

A conceptual framework includes one or more formal theories (in part or whole) as well as other concepts and empirical findings from the literature. It is used to show relationships among these ideas and how they relate to the research study.