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CAS3701 Assignment 6 2024

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Uploaded on
June 22, 2024
Number of pages
7
Written in
2023/2024
Type
Exam (elaborations)
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CAS3701 Assignment 6
2024 - DUE 28 June 2024

All questions answered

, CAS3701 Assignment 6 (COMPLETE ANSWERS) 2024 - DUE 28 June
2024; 100% TRUSTED workings, explanations and solutions.


Part 1
The seven guiding principles of the Integrated Reporting Framework (IRF)
which impact the presentation of the Intergrated Report are as follows: -
Strategic focus and future orientation - Connectivity of information -
Stakeholder relationships - Materiality - Conciseness - Reliability and
completeness - Consistency and comparability
The qualitative characteristics of the IFRS Conceptual Framework (IFRS)
which impact the presentation of the annual financial statement (AFS) are as
follows: - Relevance - Faithful Representation - Comparability - Verifiability -
Timeliness - Understandability
The Integrated Reporting Framework is mainly concerned with the
presentation of an entity’s financial and non-financial information in the
integrated report of a company which communicates its value creation
process. However, the IFRS Conceptual Framework is mainly concerned with
the presentation of an entity’s financial information in the AFS.


Required:
Select the Intergrated Report including the financial statements (AFS) of a
JSE-listed (Johannesburg Stock Exchange | JSE) company of your choice.
The Integrated Report and AFS should be for the financial year ending 2022.
1. Compare and/or contrast any of the seven guiding principles of the
Integrated Reporting Framework (IRF) with any one of the qualitative
characteristics of the IFRS Conceptual Framework (IFRS). Your comparison
and contrast must be practically applied using actual examples from the 2022
Integrated Report and AFS your group selected. In your solution cover the

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