1989年頒布做祝，2010修改，2018年3月新的頒布
1 財務(wù)報告的目標
provide financial info to user such as investor, lender, other creditor for decision making
what to report?
economic resource and claim
change in resource and claim from financial performance
financial performance reflected by accrual accounting
financial performance reflected by past cash flow
2 質(zhì)量要求
fundamental and enhancing
fundamental: relevant (material) and faithful representation
enhancing: compare, verify, timeliness, understandable
3 財務(wù)報告和報告主體
BS
asset, liability, equity
PL
income, expense
other statements
info about elements, cash flow, contribution, distribution, assumption, and estimate
reporting period
going concern
reporting entity = entity that prepares financial statement
single - portion - more than 1 entity
consolidated, unconsolidated, combined
4 財務(wù)報告的元素
BS: asset lia, equity
PL: income, expense
5 確認和終止確認
recognition: inclusion of an element of financial statement in BS or PL
open + income - expense = close balance
de-recognition: removal of asset and liability
6 計量
measurement basis: selection of the method for measuring an element of FS
1. historical cost
2. current value?
fair value, value in use, current cost
* should be relevant, faithful represented, factors specific for init recog
7 列報和披露
required effective communication
1. objectives and priciple, not rules
2. classification ----> group similar, separate dissimilar
3. aggregation: not too many details, but no excessive aggregation
8 資本（capital）的概念
concept of capital: financial and physical
financial: (mean net asset) nominal $ unit, unit of constant purchasing power
physical: (productive capacity) unit of output a day
