| Summary: | A conceptual framework is a theory
fundament which, as a constitution,
drives the accounting normative-technical
ruling development. The Framework
uses a deductive logic itinerary
and, through inference, derives, from
superior environment and appropriate
accounting system postulates,
the accounting standards associated
with specifi c ends. The system can be
assumed as teleological.
This article analyses, in a schematical
way, the conceptual guidance in
the financial reports preparing and presenting process. Reports confectioned
according International Financial
Reporting Standards (IFRS) are
considered to be useful in economical
decision taking by the users of information.
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