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it to defines the organization's mission. The purpose of getting profit is to provide something value to general population. They need financial support to run the organization and use to pay the employee, utilities and operation cost. Making profit is not their main focus but to sustain the operation of their organization.

会计的概念框架的重要性——The Importance of Conceptual Framework for Accounting

Conceptual framework of accounting is very important because it facilitates harmonization and helps in convergence of accounting regulations. It can help to improve efficiency by sustaining common set of assumptions and regulations with the convergence of accounting standard (Gore, 2007). Besides, Conceptual framework also helps to remove inconsistency. For example, it helps to prevent the arguments of those basic concepts such as what is an asset, what is liability and so forth (Williamson, 2002). Hence, the convergence of accounting regulations can help to obtain consistent accounting statements. With the convergence of accounting standard, it enhances the communication between the standard setters and its users (Australian Accounting Standard Board, 2001). Users can communicate with standard setters efficiently by using conceptual framework because of the same terminology used in the accounting standards. Therefore, it can help in discussing accounting issues (Williamson, 2002).

Also, conceptual framework is important because it helps the users or preparers of financial reports to understand as well as interpret the information of financial statements deeply and discover its weaknesses. Users use conceptual framework as a reference to understand accounting statements as conceptual framework contains rules and regulations of new principles are prepared. For example, with the help of conceptual framework, users will be able to know the accounting concept as well as the regulations of accounting. Besides, auditors also use conceptual framework as a guide to check errors as well as students use conceptual framework to study accounting (Williamson, 2002). For instance, auditor will follow the accounting rules under conceptual framework to reexamine accounting statement. With conceptual framework, people can further understand financial statements easily.

Moreover, conceptual framework also acts as a guideline or principle for development of future practice of financial accounting standards. Conceptual framework carries out analysis, interpretation and adjustment of accounting concepts for future standards. Besides, conceptual framework consists of existing basic concepts which may help in the development of future standards. Accounting standard setters can refer to the conceptual framework which consists of basic concepts, principles of accounting to set the new standard. This will help them to save time without creating premises and regulation of accounting. Hence, conceptual framework acts as the guideline for the development of future accounting standards (Accounting Standard Board of Japan, 2006).

Furthermore, conceptual framework helps to deal with transaction of accounting condition and events when there is no accounting standard yet. People can deal with transaction of accounting by setting conceptual framework as the guideline. This can help to solve similar transactions or other accounting issues if peopl本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。