Why Financial Accounting Standards Board is a conceptual framework 
Introduction : Set of assumptions based accounting theory, definitions, principles, concepts and how their inference that the infrastructure developed by accounting standards bodies and foundation related to the report comprise accounting. In this context, accounting theory, created a conceptual framework of reference that brings specific accounting rules are developed based on this framework. In each country, the aim of compiling a conceptual framework, providing guidance in the framework of general and universal features of the country situation and appeals rights and interests in Astandardhast Bhtvrykh Users, Producers and accounting reports and financial statements generally balance is preserved. In addition to providing a conceptual framework has guided Tdvynknndgan accounting standards related to different topics, can decision-making bodies, managers of economic units and individuals beneficiary, beneficiaries and interested in issues than accounting judgments and standards to help Tdvynshdh.
Considering the importance of the topic, many years ago, professional accountancy bodies in some countries, a leading accounting, developed the conceptual framework and have their own agenda. The most famous of the Islamic Republic, the United States Financial Accounting Standards Board has. This committee contains measures can be Mvzndhay points.
This article provides a vote of two senior specialists Financial Accounting Standards Board, which deals with fundamental issues about the plan to be conceptual framework have been discussed.

What is the conceptual framework?
Conceptual framework of a set of overall goals and principles associated with the overall goals and objectives and set specific financial reporting principles and main concepts to achieve these goals, marking. These concepts, tips for selecting events, transactions and circumstances that should be considered as well as tips on how to identify and measure, summarization and reporting them is considered. Financial Accounting Standards Board so far has issued seven concept statements that include the following key issues are:
1. Objectives of financial reporting business units,
2. Qualitative characteristics of accounting information,
3. Elements of financial statements business units,
4. Financial reporting purposes nonprofit organizations,
5. Recognition and measurement of business units in the financial statements,
6. Elements of financial statements (which replaces Statement No. 3 is ),
7. Using cash flows and current values in accounting measurement.

The committee, a concept first statement in 1978 and his last in 2000 it has published in the present circumstances in another statement Codification no. The Concept Statement No. 6 <elements of financial statements> replace the concept statement No. 3 <elements of financial statements business units> has also to non-profit units, plus units Drbrgyrd profit.

Impact on accounting conceptual framework what ?
Concept statements generally do not impact directly on operations and accounting changes in generally accepted accounting principles cause or modification, adjustment or interpretation of existing accounting practices or standards will not disclose personal information. The statement also changes in accounting methods or disclose information with these conflicting concepts Nmysazd necessary. Therefore, the conceptual framework developed through the influence of new accounting standards affect accounting operations.

Why a conceptual framework is needed and who will benefit from it? Astfadhknndh original conceptual framework, because the Financial Accounting Standards Board conceptual framework, Principles and Standards for the concepts needed for solving problems in accounting and reporting to board leaves. Board of these concepts to analyze issues and provide recommendations to correct its benefits. So, the concepts based on the discussions board issues raised form and on the Board deciding on specific standards are helping. In fact, discussing the concepts of the fundamental principles of Standards provides, and ultimately, any conclusion about the conceptual framework based on standards takes place.

Conceptual framework, a basis for logical reasoning to select different approaches in developing and Astandardhast Although all responses but does not provide the necessary range of choices that must be made, eliminating the issues with them is a contradiction, and tighter limits choice is Extended. Conceptual framework development process increases efficiency standards because there is too it, the debates and discussions on important topics like this <defined property> at times are not consecutive. In addition, a conceptual framework to increase efficiency in internal and external communication and also plays a role by providing a set of terms and a framework for reference in various subjects, many facilities to discuss technical issues by the Board provides. As a result, communication between the Board and its supporters, especially those negotiations and preliminary design review their proposals with greater ease is established. Conceptual framework also reduce political pressures on accounting judgments is presented.

Help develop a conceptual framework for accounting standards and background for the preparation and presentation of financial information and related Ghyrmaly available and generally provide an impartial and neutral. Impartial information, useful information for the Users information about investment and credit decisions, and brings together this way, the background to promote public interest through efficient allocation of resources provides. Conceptual framework, in promoting the efficiency of capital markets and other markets is effective.
Standards authorities to reduce the effect of individual smart decisions Astandardgzary conceptual frameworks of use agreement. This lack of agreement on conceptual frameworks may be the problem that caused the process of compiling standards on principles quite different from what is necessarily based on the decision and the only smart person based on Board comments and done. In this case, Hvrngrn Charles T. (Charles T. Horngren) well-known accounting professor with a background in board membership accounting, Financial Accounting Standards Advisory Council and the Financial Accounting Foundation Board of Trustees has said: "due to accounting profession that is not fully integrated , each of us to develop the conceptual framework Zdhaym special. Meanwhile, some good Bhnhv defined and coherent frameworks and others, are vague and poorly presented. "

He adds: "In any point of time, we hear that more people achieve their desired results from a complex chain of reasons we feel are loose interest. While, perhaps, sometimes, our own thinking is sound that reaches my ears. My experience as an Accounting Principles Board, has taught me many lessons. A more important lesson is that our propensity for processing and unutterable about the reasons that we have our own previous results remain unchanged. "
Environment in which the conceptual framework based on personal Astandardgzary Astandardgzar takes place, only if an agreement on issues that are enough conceptual frameworks must adapt with time. However, this agreement is temporary because the Board also reviewed changes to their conceptual frameworks and collections of people is changing continuously. Thus, members of a Standards Board about the topic may be similar or even identical to completely different results than previously reached to achieve. Because each group of standards may not equal with other standards and past decisions, future decisions may not tell. In other words, the process of randomly Astandardgzary process more or less at the moment comes. Moreover, without a conceptual framework, logical arguments do not feasible because then, for proper accounting position in dealing with a particular transaction, providing no definitions required. Proper accounting of this approach from the perspective of others Bhnsbt consistent with Accountants Accounting Legislation Committee official procedures and approvals America depends on the accounting board.

Financial Accounting Standards Board of the conceptual framework is not only Astfadhknndh. When the objectives and concepts to determine the direction and components used in financial reporting credibility of financial reports to promote quality finds. In these conditions, a conceptual framework to develop standards and has Mrtbtbahm internal consistency, and helped producers and users of financial reports based on reports that a coherent set of standards, developed during a period of time and not created in a special moment came, use.
Users of financial information to a conceptual framework that helps better understanding of financial information and to find its limits. Within this framework, a framework that can see the results for understanding the standards and is used by somebody who used standards continues, Hsabrsany financial reports, test results and their students and Professor of Accounting, is used.

Motivation Financial Accounting Standards Board developed a conceptual framework for what?
In fact, the motivation for the Financial Accounting Standards Board developed a conceptual framework can be obtained from all Tngnahayy bring its predecessor, the Accounting Principles Board has experienced. Accounting Principles Board of the beginning of his career it was for their decisions to provide conceptual principles. Accountants Special Committee on Official America in 1958 in his report that led to the birth of Accounting Principles Board was announced that the Board should also on accounting concepts and standards to work on the basic concepts for meaningful standards be provided. Accounting Principles Board in this regard two field study on the accounting assumptions and brings Bhanjam after review these studies concluded that the recommendations in this area generally is done with basic accounting principles that currently available Mvrdqbvl located in different is.
Considering the problems of lack of conformity with accounting principles board opinions conceptual guidelines available, the official Accountants America in 1964, another special committee to review applications related to accounting principles formed. Among the recommendations presented by this committee, this was also recommended that the accounting board, as a conceptual framework to guide decisions to make and implement these recommendations, Accounting Principles Board, Statement No. 4 <basic concepts and principles related to accounting financial reports business units> released in 1970. However, the Board initially accepted accounting principles that statement number 4, a descriptive statement is not authoritative and should instead focus on what is and what is available on the Financial Accounting insists. Thus, when a statement number 4, could not help necessarily retrospective strong Hyytasvl Accounting Standards to be considered.

After that, due to criticism from Hyytasvl Accounting, Accountants Official America two studies, one Bhryast Francis M. Voight (Francis M. Wheat) and other Bhryast Trvblad Robert M. (Robert M. Trueblood) review process in order to develop accounting standards and reporting purposes financial formed. Based on committee recommendations Trvblad, Financial Accounting Foundation and the Foundation was formed, the Financial Accounting Standards Board caused. Finally, another study reported basis Voight released subject to Financial Accounting Standards discuss the contract.
In 1973 when the Financial Accounting Standards Board began its activities in one of the topics on the agenda was the review of financial reports had goals. The project report on the result that as Trvblad <financial reporting purposes> was released and what was planned in the report as Trvblad <first principles> financial reporting objectives was discussed was concentrated. Financial Accounting Standards Board based on their work because of financial reports, what goals should be placed. This led to the fundamentals were good and which are based on the framework concept was developed.

How others have developed their conceptual framework?
Followed by Financial Accounting Standards Board, other standards bodies develop their actions began to develop a conceptual framework. International Accounting Standards Committee International Accounting Standards Board, which has become Canada and subsequently Australia and New Zealand and England in 1999, their conceptual frameworks were developed and presented. This conceptual framework similar references Standards Financial Accounting Standards Board based on the basic goals are to be based on its financial reports, investors and creditors need information in investment decisions and credit provider. Conceptual frameworks Tdvynshdh by various references to each other, but with the same total time is not equal.

What future conceptual framework?
Financial Accounting Standards Board revised plans limited the definition of debt and has proposed Halhazr Feasibility work for this debt and how to recognize them in its agenda and is determined with a broader vision and commitments should consider how to identify them. Need to study this issue through projects that have been recently made sense. Review broader issues could include revenue recognition in Brgyrd. Increasing concerns about these issues has intensified the need for revision.
In addition, the International Accounting Standards Board of existence can lead to much improve the quality framework will be conceptual. This committee, as part of its activities following the increase in the level of coordination of international accounting standards and in so doing reduce the possibility of studying differences in conceptual frameworks developed by national professional bodies - such as the Financial Accounting Standards Board - is. With this work, conceptual frameworks, or at least parts of them are re-considered.
Is mentioned that none of conceptual frameworks, including the conceptual framework developed by the Coward Financial Accounting Standards Board or International Accounting Standards Board and others are not in fact complete. For example, in cases where the Financial Accounting Standards Board conceptual framework for the presentation and disclosure of financial reports and forecasts had to be outside the case of the original text were disclosed in their financial reports have not been observed. In addition, certain aspects of the conceptual framework, such as recognition and measurement is still incomplete.
On the other hand, conceptual frameworks also faced with another problem. Most parts of Financial Accounting Standards Board conceptual frameworks in two decades have produced. Since then, business and financial developments and changes undergone profound and complex Bhnhv has been growing. As a result, more and different issues in today"s world of complex issues that time there has developed a conceptual framework. For this reason, in some cases, updating a conceptual framework may also be desirable and needed to issues of today and tomorrow will match.